Rebar Corp. uses the perpetual inventory system. Its transactions during July 2018 are as follows: July 6 Purchased $600 of merchandise on account from Hobson Corporation for terms 1/10, net 30 9 Returned $200 of defective merchandise 15 Paid the amount owing to Hobson. 19 Sold for $800 goods on account to Nance Inc. costing Rebar $400 term 2/10, net 40 . FOB destination. 20 Rebar paid $150 freight charges. 24 Rebar received $200 return from Nance Inc. costing \$100. 29 Rebar received payment in full from Nance Inc. Required: Prepare journal entries to record the above transactions