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Sovet The following transactions were selected from among those completed by Bear's Retail Store Nov. 20 Sold two items of merchandise to Cheryl Sahn, who

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Sovet The following transactions were selected from among those completed by Bear's Retail Store Nov. 20 Sold two items of merchandise to Cheryl Sahn, who paid the $1,150 sales price in cash. The goods cost Bear's 5450 25 Sold 20 Itens of merchandise to Vasko Athletes at a selling price of 35,500 (total) teras 1/10, 1/30. The goods cost Bear's $3,250. 28 Sold 10 identical items of merchandise to Nancy's Gym at a selling price of $7,500 (total); terms 1/10, 1/30. The foods cost Bear's 55,500 29 Nancy's Gym returned one of the items purchased on the 28th. The item was in perfect condition, and credit was given to the customer Dec. 6 Nancy's Gym paid the account balance in full 30. Vasko Athletics paid in full for the invoice of November 25. Required: Prepare journal entries to record the transactions, assuming Bear's Retail Store uses a perpetual inventory system (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list X 10 1 Record the sale of goods for cash. 2 Record the cost of goods sold. S. Record the sale of goods on credit. 4 Record the cost of goods sold. Credit Rent the sale nfnndan redit an THE Next View transaction list 9 x Record the sale of goods on credit. 10 > 8 1228 4 Record the cost of goods sold 5 Record the sale of goods on credit Record the cost of goods sold Credit Record the sales returns and allowance Record the reversal of cost of goods sold Record the entry for cash collected from Nancy's Gym Record the entry for cash collected from Vasko Athletic Note journal entry has been entered Cear entry Record entry

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