Review the following transactions (Click the icon to view the transactions) Requirements 1. Prepare headings for a sales journal. Journalize the transactions that should be recorded in the sales journal. Assure the company uses the perpetual inventory system. 2. Total each column of the sales joumal. Requirements 1 & 2. Prepare headings for a sales journal. Journalize the transactions that should be recorded in the sales journal. (Round the sales discount to a whole dollar) Assume the company uses the perpetual inventory system. Total sach column of the sales journal (If a box is not used in the journal leave the box empty, do not select information and do not enter a zero Abbreviation used Inv = Invoice) Sales Journal Page 1 - X Post. More info Ref. Feb III IN Feb. 1 Sold merchandise inventory on account terms 1/30 to Clip Co $1,325 Cost of goods, S830. Invoice no. 101 Feb. 6 Sold merchandise inventory for cash, $990 (cost $680) Feb. 12 Collected interest revenue of $130) Feb. 15 Received cash from Clip Co. in full settlement of its account receivable. . Feb. 20 Sold merchandise inventory on account terms n/30, to Deer Co, issuing invoice no. 402 for $1,200 (cost, $425) Feb. 22 Sold merchandise inventory for cash, $62D (cost $440). $$) Feb. 26 Sold office supplies to an employee for cash of $120 Feb. 28 Received $1,200 from Deer Co. in full settlement of its account receivable. Feb. 28 Totals Print Done Etext pages Calculator 1 L Next