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Q5 journalize each of the following transactions assuming a perpetual inventory system. You are not required to identify the account number in your journal entries.

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Q5 journalize each of the following transactions assuming a perpetual inventory system. You are not required to identify the account number in your journal entries. 15 marks) Jan. 5 sold merchandise 10 a customer for $6.800,tems 1/10, 1/30 cost of sales $4,080) 7 Medea cash sale of $5,100 of metadse a customer today cost of als $3,060) so marchandise for $12,000 toms 1/10, /30 cost of sales $7.400) 15 Colected the amount wing from the credit customer of January 5. The customer of January 8 pas the balance owing RO. a6 Urban Glam Cosmetics made purchases of lipstick in the current year as follows: (marks 10)

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