Sales related journal entries
Transaction	Account	Debit	Credit
10-Jan	Inventory	$10,000
	Accounts payable		$10,000
	Purchased merchandise with terms 4/15, n/30
10-Jan	Inventory	$100
	Cash		$100
	Paid delivery costs
25-Jan	Accounts payable	$10,000
	Inventory		$400
	Cash		$9,600
	Paid for merchandise within discount period
2-Feb	Accounts Receivables	$1,000
	Sales		$1,000
	Sold merchandise
2-Feb	Cost of Goods Sold	$500
	Inventory		$500
	Cost of Sales
5-Feb	Sales Returns and Allowances	$50
	Accounts Receivables		$50
	Credit allowance
12-Feb	Cash	$931
	Sales Discount	$19
	Accounts Receivables		$950
	Received payment from Rowdy's within discount period
28-Feb	Shrinkage Expense	$550
	Inventory		$550
	Adjustment for inventory shrinkage

Please help match with T-chart:

Liabilities Assets Cash $43,138 Equity Sales Revenue $ 309,392 Sales Discounts $4,144 $100 Accounts Payable $ 18,000 $4,144 $43,038 $ 18,000 $ 309,392 ? Returns and Allowar $2,763 Supplies $ 16,200 $6,980 Wages Payable $ 2,500 Common Stock $ 40,050 $2,763 $ 9,220 $ 2,500 $ 40,050 Equipment $ 116,100 Insurance Payable $ 2,000 Retained Earnings $ 22,630 Wages Expense $94,500 $2,500 $97,000 $ 116,100 $ 2,000 ocumulated Depreciation - Equipmei $11,600 $ 22,630 Supplies Expense $6,980 $6,980 Dividends $765 $11,600 $765 Depreciation Expense $11,600 Inventory $60,000 $10,000 $70,000 $11,600 COGS $45,000 Accounts Receivable $7,500 $1,000 $7,550 $950 Delivery Expense $1,962