Specialty Store uses a perpetual inventory system. The following are some inventory transactions for the month of May:

Specialty Store purchased inventory on account for $$6,100.$ Freight charges of $$850$ were paid in cash.

Specialty Store returned some of the inventory purchased in transaction $(1).$ The cost of the inventory was $$1,150$ and Specialty Store$$s account was credited by the supplier.

Inventory costing $$3,350$ was sold for $$6,300$ in cash.

Required:

Prepare the necessary journal entries to record these transactions.

$1)$ Record the merchandise purchased on account for $$6,100.$

$2)$Record the payment of freight charges for $$850.$

$3)$Record the return of merchandise purchased on account costing $$1,150.$

$4)$Record the sale of merchandise for $$6,300$ in cash.

$5)$Record the cost of goods sold for $$3,350.-$