Sales and purchase-related transactions using perpetual inventory system The foliowing were selected from among the transactions completed by Essex Company during July of the current year: July 3. Purchased merchandise on account from Hamling Co., list price $82,000, trade discount 20\%, terms. FOB shipping point, 2/10, n/30, with prepaid freight of $900 added to the involce. 5. Purchased merchandise on account from Kester Co., $46,400, terms FOB destination, 2/10, n/30. 6. Sold merchandise on account to Paraley Co., $14,370, terms n/15. The cost of the goods sold was $9,180. 7. Returned merchandise with an invoice amount of $12,800 purchased on July 5 from Kester Co. 13. Paid Hamiling Co, on account for purchase of July 3. 15. Paid Kester Co. on account for purchase of July 5 , less return of July 7 , 21. Recelved cash on account from sale of July 6 to Parsiey Co. 21. Sold merchandise with a list price of $226,910 to customers who used MasterCard and who redeemed $7,600 of point-of-5ale coupons. The cost of the goods sold was $137,360. 22. Sold merchandise on account to Tabor Co.r 559,400 , terms n/30. The cost of the goods sold was $32,800. 23. Sold merchandise for cash, $40,180. The cost of the goods sold was $24,200. 28. Paid Parsley Co, a cash refund of $5,860 for returned merchandise from sale of July 6 . The cost of the returned merchandise was $3,040. 31. Paid MasterCard service fee of $3,270. 31. During July, printed a coupon with each customer's sales receipt for $1 off the customer's next purchase of over $10. The coupons may be redeemed during August, Of the total of 33;000 coupons printed, it is estimated that 60% will be redeemed. Required: 1. Journalize the transactions. If an amount box does not require an entry, leave it blank. 31. During July, printed a coupon with each customer's sales recelpt for $1 off the customer's next purchase of over $10. The coupons may be redeemed during August. Of the total of 33,000 coupons printed, it is estimated that 60% will be redeemed. Required: 1. Journalize the transactions. If an amount box does not require an entry, leave it blank. July 6 July 7 July 13 July 15 July 21 July 21 July 21 July 21 July 22 July 22 July 23 July 23 July 28 July 28 July 31 2. Assume that as of August 3\$, 16,900 of the s1-off coupons issued during July had been redeemed by customers, Joumalize the entry for the remaining unredeamed coupons. If an amount box does not require an entry, leave it blank