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

August $1$ Purchased merchandise from Aron Company for $$9,000$ under credit terms of $1/10,$ n$/30,$ FOB destination, invoice dated August $1.$

August $5$ Sold merchandise to Baird Corporation for $$6,300$ under credit terms of $2/10,$ n$/60,$ FOB destination, invoice dated August $5.$ The merchandise had cost $$4,000.$

August $8$ Purchased merchandise from Waters Corporation for $$8,000$ under credit terms of $1/10,$ n$/45,$ FOB shipping point, invoice dated August $8.$

August $9$ Paid $$230$ cash for shipping charges related to the August $5$ sale to Baird Corporation.

August $10$ Baird returned merchandise from the August $5$ sale that had cost Lowe$$s $$500$ and was sold for $$1,000.$ The merchandise was restored to inventory.

August $12$ After negotiations with Waters Corporation concerning problems with the purchases on August $8,$ Lowe$$s received a price reduction from Waters of $$800$ off the $$8,000$ of goods purchased. Lowe's debited accounts payable for $$800.$

August $14$ At Aron$$s request, Lowe$$s paid $$230$ cash for freight charges on the August $1$ purchase, reducing the amount owed $($accounts payable$)$ to Aron.

August $15$ Received balance due from Baird Corporation for the August $5$ sale less the return on August $10.$

August $18$ Paid the amount due Waters Corporation for the August $8$ purchase less the price allowance from August $12.$

August $19$ Sold merchandise to Tux Company for $$5,400$ under credit terms of n$/10,$ FOB shipping point, invoice dated August $19.$ The merchandise had cost $$2,700.$

August $22$ Tux requested a price reduction on the August $19$ sale because the merchandise did not meet specifications. Lowe$$s gave a price reduction $($allowance$)$ of $$900$ to Tux and credited Tux's accounts receivable for that amount.

August $29$ Received Tux$$s cash payment for the amount due from the August $19$ sale less the price allowance from August $22.$

August $30$ Paid Aron Company the amount due from the August $1$ purchase.$\backslash$table$[[,$No$,$Date,General Journal,Debit,Credit$],[$O$,1,$August $01,$Merchandise inventory,$9,000,],[,,$Accounts payable$-$Aron,,$9,000],[1,2,$August $05,$Accounts receivable$-$Baird,$6,300,],[,,$Sales,,$6,300],[\backslash$Gamma $,3,$August $05,$Cost of goods sold,$4,000,],[,,$Merchandise inventory,,$4,000],[,4,$August $08,$Merchandise inventory,$8,000,],[,,$Accounts payable$-$Waters,,$8,000],[,5,$August $09,$Delivery expense,$230,],[,,$Cash,,$230],[,6,$August $10,$Sales returns and allowances,$1,000,],[,,$Accounts receivable$-$Baird,,$1,000],[$i$,7,$August $10,$Merchandise inventory,$500,],[,,$Cost of goods sold,,$500],[$i$,8,$August $12,$Accounts payable$-$Waters,$800,],[,,$Merchandise inventory,,$800],[,9,$August $14,$Accounts payable$-$Aron,$230,],[,,$Cash,,$230],[0,10,$August $15,$Cash,$5,194,],[,,$Sales discounts,$106,],[,,$Accounts receivable$-$Baird,,$5,300],[0,11,$August $18,$Accounts payable$-$Waters,$7,200,],[,,$Merchandise inventory,$72,],[,,$Cash,,$7,128],[\%,12,$August $19,$Accounts receivable$-$Tux,$5,400,],[,,$Sales,,$5,400],[,13,$August $19,$Cost of goods sold,$2,700,],[,,$Merchandise inventory,,$2,700],[\%,14,$August $22,$Sales returns and allowances,$900,],[,,$Accounts receivable$-$Tux,,$900],[,15,$August $29,$Cash,$4,500,],[,,$Accounts receivable$-$Tux,,$4,500],[,16,$August $30,$Accounts payable$-$Aron,$8,770,],[,,$Cash,,$8,770]]$