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put actual entries ording journal entries for merchandise sales transactions-perpetual LO the following transactions assuming a perpetual inventory system. old merchandise with a cost of

put actual entries
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ording journal entries for merchandise sales transactions-perpetual LO the following transactions assuming a perpetual inventory system. old merchandise with a cost of $1,500 for $2,100; terms 2/10, n/30, FOB destination. 2 alize each of 1 S Paid $225 to ship the merchandise sold on February 1. ecustomer of February 1 returned half of the amount purchased because it was the 3 Th incorrect product; it was returned to inventory 2)002 s 4 Sold merchandise to a shipping customer for $3.800 (cost of sales $2,280); terms 2/10,N30, FOB 11 Collected the amount owing from the customer of February 1. 23 Sold merchandise to a customer for cash of $1,200 (cost of sales $720). The customer of February 4 paid the amount owing. 28 Credit Debit Account ato o l Aecoumta Reccinable Sales Sbo D Cost af goods Lold IS

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