prepetual journal entries

Problem 2B (14 marks; 20 minutes) - The following merchandising transactions are for Melisandre Merchandising April 1 Purchased merchandise on credit from Bolton Co., terms 1/10, n/15, $40,000. April 6 Sold merchandise on credit to Ellaria, terms 2/10, n/45, $26,000. April 8 Received $1,000 credit memorandum for merchandise purchased on April 1. April 9 Issued a credit memorandum to the customer of April 6 granting an allowance of $2,000 due to damage during shipment April 11 Paid for the merchandise purchased on April 1. April 13 Received payment for the merchandise sold on April 6. Required: Prepare general journal entries to record these transactions, using a periodic inventory system