Problem 6-2 Listed below are the transactions of a merchandising firm. Received payment from Smith Co., $1500 less 1% discount. May 1 May 2 May 3 May 5 Received payment from Howard Co., $500. Sold merchandise, $700 cash. Paid the Delco Company for invoiced $250, less $50 return (previously May 8 May 10 May 12 May 14 May 15 recorded) and 2% discount. Check #1025 Paid the Grango Co. $900 on outstanding account. Check #1026 Paid salaries, $2,500. Check #1027 Sold merchandise, $390 cash. Received payment from Saltz Co., $200 less 2% discount. Paid Marcy Co. for invoiced $700 less 1% discount. Check #1028 Required: Record the following transactions in the Cash Disbursements Journal(CD), Cash Receipts Journal (CR), and General Journal (GJ). Foot and cross foot the journals. b) Post the transactions to the appropriate ledgers