Prepare journal entries $to$ record the following merchandising transactions $of$ Cabela$s,$ which uses the perpetual inventory system and the gross method.

July $1$Purchased merchandise from Boden Company for $$6,000$ under credit terms $of\frac{1}{15},\frac{n}{30},$ FOB shipping point, invoice dated July $1.$July $2$Sold merchandise $to$ Creek Company for $$900$ under credit terms $of\frac{2}{10},\frac{n}{60},$ FOB shipping point, invoice dated July $2.$ The merchandise had cost $$500.$July $3$Paid $$125$ cash for freight charges $on$ the purchase $of$ July $1.$July $8$Sold merchandise that had cost $$1,300$ for $$1,700$ cash.July $9$Purchased merchandise from Leight Company for $$2,200$ under credit terms $of\frac{2}{15},\frac{n}{60},$ FOB destination, invoice dated July $9.$July $11$Returned $$200of$ merchandise purchased $on$ July $9$ from Leight Company and debited its account payable for that amount.July $12$Received the balance due from Creek Company for the invoice dated July $2,$ net $of$ the discount.July $16$Paid the balance due $to$ Boden Company within the discount period.July $19$Sold merchandise that cost $$800to$ Art Company for $$1,200$ under credit terms $of\frac{2}{15},\frac{n}{60},$ FOB shipping point, invoice dated July $19.$July $21$Gave a price reduction $(allowance)of$ $$100to$ Art Company for merchandise sold $on$ July $19$ and credited Art's accounts receivable for that amount.July $24$Paid Leight Company the balance due, net $of$ discount.July $30$Received the balance due from Art Company for the invoice dated July $19,$ net $of$ discount.July $31$Sold merchandise that cost $$4,800to$ Creek Company for $$7,000$ under credit terms $of\frac{2}{10},\frac{n}{60},$ FOB shipping point, invoice dated July $31.$