Robinson Co. Ltd. completed the following merchandising transactions in the month of May.. At the beginning of May, the ledger of Robinson showed Cash balance of $6,000.

a) Journalize the following transactions of May (Assume that the company follows Perpetual Inventor System), by

- - - selecting the accounts to be debited and stating the debit amounts,

- - - selecting the accounts to be credited and stating the credit amounts.

May 1 Purchased merchandise on account from Logun Ltd. $4,600,terms 2/10,n/30. Account to be debite and credit with amount ?

May 2 Sold merchandise on account $2,100,terms 1/15, n/30.The cost of the merchandise sold was $1,300. Account to be debited and credited in relation to income is ? The other account to be debited and credited also with amount ?

May 5 Purchased merchandise for cash $1,500. Account to be debited and credited is with amount ?

May 7 Received credit from Logun Ltd. for merchandise returned $300. Account to be debited and credited is with amount ?

May 10 Paid Logun Ltd. for purchase in May 1. Account to be debited and credited is with amount ? The other account to be credited also with amount ?

May 12 Received payment in cash from customers billed on sales of $2,100 on May 2. Account to be debited (greater of the two debits) is with amount ? The other account to be debited is also with amount ?

May 15 Received refund for the return of poor quality merchandise on cash purchase $150. Account to be debited and credited is with amount ?

May 17 Purchased merchandise from Costa Distributors $1,300, FOB shipping point, terms 2/10, n/30. The appropriate party also made a cash payment of $100 for freight on this date. Account to be debited and credited with amount ? The other account to be credited is also with amount ?

May 24 Sold merchandise for cash $3,200.The merchandise sold had a cost of $2,000. Account to be debited (in relation to income) is credit also with amount ? The other account to be debited and credit also with amount ?

May 25 Purchased merchandise from Bonanza, Inc. $550, FOB destination, terms 2/10, n/30. The appropriate party also made a cash payment of $130 for freight on this date. Account to be debited and credit is with amount ?

May 27 Paid Costa Distributors for the purchase in May 17. Account to be debited and credit is with amount ? The other account to be credited is with amount ?

May 29 Made refunds to cash customers for defective merchandise $80. The returned merchandise had a scrap value of $20. Account to be debited (greater of the two debits) is? Account to be credited (greater of the two credits) is? The other account to be debited is with amount ? The other account to be credited is with amount ?

May 31 Sold merchandise on account $900,terms n/30.The cost of the merchandise sold was $560. Account to be debited (greater of the two debits) is? Account to be credited (greater of the two credits) is? The other account to be debited is with amount ? The other account to be credited is with amount ?