Required: Prepare the Appropriate Journal Entries and post them to the ledger. 4. Calluna Corp. uses the perpetual inventory system. Calluna had the following transactions in July: 7-1: Calluna purchases a $20,000 gown from Yves Saint Laurent on Account. The payment terms are 2/10/N/30. The delivery terms are FOB shipping point. 7-2: Calluna pays the delivery charges in cash, $1,000 7-8: Calluna pays the Yves Saint Laurent bill in cash. 7-15: Carrie Underwood purchases the Gown on account for $35,000. Required: Prepare the appropriate journal entries