Q1. The following transaction were completed during May 2020. Journalize the May transactions using a perpetual system. (40 points) May 7 Purchased merchandise from Star Co. $ 2,300, terms 3/10, n/30. 9 Paid freight on Star purchase $100. 11 Received credit from Star Co. for merchandise returned $300. 13 Sold merchandise on account to Bird Co. for 1,340, terms n/30. The cost of the merchandise sold was $800. 15 Purchased merchandise on account for $830 from Blue Co., terms 1/10, n/30. 16 Paid Star Co. in full. 18 Received credit from Blue Co. for merchandise returned $30. 25 Granted an allowance to customers for merchandise $80. 29 Received payments on account from customers $1,100