Prepare journal entries to record the following sales transactions in Carla Vista Company's books. Carla Vista uses a perpetual inventory system. Jan. 2 4 Carla Vista sold $15,000 of merchandise to Xiaoyan Company, terms n/30, FOB shipping point. The cost of the merchandise sold was $5,925. The correct company paid freight costs of $215. Xiaoyan returned $1,800 of the merchandise purchased on January 2 because it was not needed. The cost of the merchandise returned was $710, and it was restored to inventory. Carla Vista received the balance due from Xiaoyan. 6 Feb. 1 Date Account Titles and Explanation Debit Credit Jan. 2 Accounts Receivable 15000 15000 (To record sales on account.) Jan. 2 V Cost of Goods Sold 5925 Merchandise Inventory 5925 (To record cost of goods sold.) Jan. 6 Sales Returns and Allowances 1800 Accounts Receivable 1800 Merchandise Inventory 710 Cost of Goods Sold 710 (To record credit for goods returned.) (To record cost of returned goods.) Feb. 1 Cash 13200 Accounts Receivable 13200 (Collection on account.)