Please help solve the issue below and provide a clear explanation. NOTE: PLEASE Provide the answer in JOURNAL ENTRY. Please state clearly on the Debit & Credit. Thank you.

Ready-Set-Go distributes suitcases to retail stores and extends credit terms of 1/10, n/30 to all of its customers. At the end of June, Ready-Set-Gos inventory consisted of suitcases costing 1,200. During the month of July, the following merchandising transactions occurred.

July 1 Purchased suitcases on account for 1,620 from Trunk Manufacturers, FOB destination, terms 2/10, n/30. The appropriate party also made a cash payment of 100 for freight on this date.

3 Sold suitcases on account to Satchel World for 2,200. The cost of suitcases sold was 1,400.

9 Paid Trunk Manufacturers in full.

12 Received payment in full from Satchel World.

17 Sold suitcases on account to Lady GoGo for 1,400. The cost of the suitcases sold was 1,030.

18 Purchased suitcases on account for 1,900 from Holiday Manufacturers, FOB shipping point, terms 1/10, n/30. The appropriate party also made a cash payment of 125 for freight on this date.

20 Received 300 credit (including freight) for suitcases returned to Holiday Manufacturers.

21 Received payment in full from Lady GoGo.

22 Sold suitcases on account to Vagabond for 2,400. The cost of the suitcases sold was 1,350.

30 Paid Holiday Manufacturers in full.

31 Granted Vagabond 200 credit for suitcases returned costing 120.

Questions (22%) Journalize the transactions for the month of July for Ready-Set-Go using a perpetual inventory system.