Record the following transactions for Just Laptops. The company uses a perpetual inventory system.

Mar 3 Bought laptops for $7,200 from Mouse Brand Computers. Terms were 1/10, n/30.

8 Sold a laptop for $720 on account. Cost was $400. Terms were 1/15, n/45.

11 Paid for the computers purchased from Mouse Brand Computers.

14 Sold 5 laptops. The regular price was $4,000 (all 5). Just Laptops gave a quantity discount of 5% and the customer paid cash. The total cost was $2,000.

20 The customer who purchased the laptop on March 8 paid in full.

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