Record the following transactions for a perpetual inventory system in general journal form. Round your answers to the nearest cent. a. Sold merchandise on account to Southridge Manufacturing, Inc., invoice no. 6910, \$1815.24. The cost of merchandise was 31,302. b. Issued credit memorandum no. 56 to Southridge Manufacturing, Inc, for merchandise returned, 9622 . The cost of the merchandise was s497. c. Bought merchandise on account from Michal's Ine., invoice no. 1685, s345; terms 1/10, N/30; dated April 14; Fou ballas, freight prepacd and atded to the involce, $64.00 (total $909 ). d. Received credit memorandum no. 219 from Michal's inc, for merchandise returned, $217. ii v2.cengagenow.com 9) Cengagenowv2 jonline teaching and leurning re... C i chegg.com 30ok I indeo Ptint tisem Giedk My Wodk? 2 mire Creok My Work usen remwining b. Sales Returns and Allowances Merchandise Inventory Issued credit memo no. 56. Cost of merchandise returned, credit memo no. 56 . Purchased merchandise from Michal's inc., invoice no. 1685 , involce dated 4/14, terms 1/10,n/30. Check My Work 2 more Check My Work uses remalning. Previous Next