Required information [The following information applies to the questions displayed below.] At the beginning of July, CD City has a balance in inventory of $2,450. The following transactions occur during the month of July. July 3 Purchase CDs on account from Wholesale Music for $1,350, terms 2/10, n/30. July 4 Pay cash for freight charges related to the July 3 purchase from Wholesale Music, $110. July 9 Return incorrectly ordered CDs to Wholesale Music and receive credit, $200. July 11 Pay Wholesale Music in full. July 12 Sell CDs to customers on account, $3,900, that had a cost of $2,050. July 15 Receive full payment from customers related to the sale on July 12. July 18 Purchase CDs on account from Music Supply for $2,150, terms 2/10, n/30. July 22 Sell CDs to customers for cash, $3,250, that had a cost of $1,550. July 28 Return CDs to Music Supply and receive credit of $110. July 30 Pay Music Supply in full. Required: Required: 1. Assuming that CD City uses a perpetual inventory system, record the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record payment of cash for freight charges related to the July 3 purchase from Wholesale Music, $110. Note: Enter debits before credits. Date General Journal Debit Credit July 04 Journal entry worksheet Record return of incorrectly ordered CDs to Wholesale Music and receive credit, $200. Note: Enter debits before credits. Date General Journal Debit Credit July 09 Journal entry worksheet ......... Record payment to Wholesale Music in full. Note: Enter debits before credits. General Journal Debit Credit Date July 11 Journal entry worksheet ............ Record receipt of full payment from customers related to the sale on July 12. Note: Enter debits before credits. Date General Journal Debit Credit July 15 Journal entry worksheet Sell CDs to customers for cash, $3,250, that had a cost of $1,550. Record the sale of inventory for cash. Note: Enter debits before credits. General Journal Debit Credit Date July 22 Journal entry worksheet Record purchase of CDs on account from Music Supply for $2,150, terms 2/10, n/30. Note: Enter debits before credits. General Journal Debit Credit Date July 18 Journal entry worksheet