Part VI Inventory - Journals (23 marks) The following transactions took place at Beyond Tools during the month of May, 2015: Date May 6 Transaction Beyond Tools purchased $25,000 inventory In cash. Sold merchandise on credit to TRU Supplies for $18,000, terms 2/10, 1/30; cost of ods $15,300. May 17 May 17 (Beyond Tools paid $200 to ship the goods to TRU Supplies. May 18 TRU Supplies returned $600 (sales price) of merchandise purchased May 17, cost $450. May 19 Received payment from TRU Supplies for May 17 sale. May 20 Sold merchandise on credit to Litmus for $11,600, terms 2/10, n/30; cost of goods $6,960 May 28 Litmus kept the merchandise purchased May 20. However, some of it was defective sa Beyond Tools agreed to a 50% allowance on the total sale. May 31 Received payment from Litmus for the May 20 sale. Journalize the above transactions assuming that Beyond Tools uses a perpetual inventory system. Round all calculations to the nearest dollar JOURNAL Date Page 1 Credit Account Titles and Explanation Debit O BI NAM LEO