Selected transactions follow for Steering Sports Ltd. during the company's first month of business. The company expects a return rate of 8% and uses a perpetual imentory system. Feb. 2 Sold $1,139 of merchandise to Andrew Noren on account, terms n/30. The goods had cost Steering $760. 4 Andrew Noren returned for credit $139 of the merchandise purchased on February 2 . The goods had cost Steering $86 and they were returned to inventory. 5 Sold $756 of merchandise to Dong Corporation on account, term n/30. The goods had cost Steering $493. 8 Sold $848 of merchandise to Michael Collins for cash. The goods had cost Steering $617. 10 Sold $924 of merchandise to Rafik Kurji account, term n/30. The goods had cost Steering $683. 22 Dong Corporation paid its account in full. 24 Andrew Noren purchased an additional $692 of merchandise on account, terms n/30. The goods had cost Steering $412. 27 Sold $1,726 of merchandise to Batstone Corporation, terms n/30. The goods had cost Steering $1,103. 28 Andrew Noren paid $1,000 on account. (a) - Your answer is partially correct. Prepare the journal entries to record each of the above transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to the nearest whole dollar, eg. 5,275.) Selected transactions follow for Steering Sports Ltd. during the company's first month of business. The company expects a return rate of 8% and uses a perpetual inventory system. Feb. 2 Sold $1,139 of merchandise to Andrew Noren on account, terms n/30. The goods had cost Steering $760. 4 Andrew Noren returned for credit \$139 of the merchandise purchased on February 2. The goods had cost Steering $86 and they were returned to inventory. 5 Sold $756 of merchandise to Dong Corporation on account, terms n/30. The goods had cost Steering $493. 8 Sold $848 of merchandise to Michael Collins for cash. The goods had cost Steering $617. 10 Sold $924 of merchandise to Rafik Kurji account, terms n/30. The goods had cost Steering $683. 22 Dong Corporation paid its account in full. 24 Andrew Noren purchased an additional $692 of merchandise on account, terms n/30. The goods had cost Steering $412. 27 Sold $1,726 of merchandise to Batstone Corporation, terms n/30. The goods had cost Steering $1,103. 28 Andrew Noren paid \$1,000 on account