Sales$-$Related Transactions Using Perpetual Inventory System

The following selected transactions were completed by Green Lawn Supplies Co$.,$ which sells irrigation supplies primarily to wholesalers and occasionally to retail customers:

July $1.$ Sold merchandise on account to Landscapes Co$.,$ $$15,800,$ terms FOB shipping point, n$/$eom$.$ The cost of merchandise sold was $$9,500.$

$2.$ Sold merchandise for $$21,400$ plus $5\%$ sales tax to retail cash customers. The cost merchandise sold was $$13,900.$

$5.$ Sold merchandise on account to Peacock Company, $$30,700,$ terms FOB destination, $\frac{1}{10},\frac{n}{30}.$ The cost of merchandise sold was $$20,000.$

$8.$ Sold merchandise for $$12,500$ plus $5\%$ sales tax to retail customers who used VISA cards. The cost of merchandise sold was $$7,500$

$13.$ Sold merchandise to customers who used MasterCard cards, $$7,000.$ The cost of merchandise sold was $$4,400.$

$14.$ Sold merchandise on account to Loeb Co$.,$ $$13,200,$ terms FOB shipping point, $\frac{1}{10},\frac{n}{30}.$ The cost of merchandise sold was $$7,800.$

$15.$ Received check for amount due from Peacock Company for sale on July $5.$

$16.$ Issued credit memo for $$2,000$ to Loeb Co$.$ for merchandise returned from sale on July $14.$ The cost of the merchandise returned was $$1,100.$

$18.$ Sold merchandise on account to Jennings Company, $$7,000,$ terms FOB shipping point, $\frac{2}{10},\frac{n}{30}.$ Paid $$240$ for freight and added it to the invoice. The cost of merchandise sold was $$4,200.$

$24.$ Received check for amount due from Loeb Co$.$ for sale on July $14$ less credit memo of July $16.$

$28.$ Received check for amount due from Jennings Company for sale of July $18.$

$31.$ Paid Black Lab Delivery Service $$2,010$ for merchandise delivered during July to customers under shipping terms of FOB destination

$31.$ Received check for amount due from Landscapes Co$.$ for sale of July $1$

Aug. $3.$ Paid Hays Federal Bank $$880$ for service fees for handling MasterCard and VISA sales during July $10.$ Paid $$1,950$ to state sales tax division for taxes owed on sales.

Required:

Journalize the entries to record the transactions of Green Lawn Supplies Co$.$ For a compound transaction, if no entry is required, leave the entry box blank.

$\backslash$table$[[$Date$,$Account,Debit,Credit$],[$July $1-$sale,,,$],[,,,]]$

$\backslash$table$[[$Date$,$Account,Debit,Credit$],[$July $31-,,,],[$freight$,,,],[,,,]]$

$\backslash$table$[[$Date$,,$Account,Debit,Credit$],[$July $18-$cost$,,,,],[,,,,],[,,,,]]$

$\backslash$table$[[$Date$,$Account,Debit,Credit$],[$July $31-,,,],[$collection$,,,],[,,,]]$

$\backslash$table$[[$Date$,,$Account,Debit,Credit,$],[$July $24,,,,,],[,,,,,],[$Date$,,,,,],[$July $28,,,,,],[,,,,,],[,,,,,]]$

$\backslash$table$[[$Date$,$Account,Debit,Credit$],[$Aug$.3,,,],[,,,]]$

$\backslash$table$[[$Date$,$Account,Debit,Credit$],[$Aug$.10,,,],[,,,]]$