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The following events pertain to the Zabel Soccer Supply Shop for February 2004, its first month of operation. The company uses the inventory system. PERPETUAL

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The following events pertain to the Zabel Soccer Supply Shop for February 2004, its first month of operation. The company uses the inventory system. PERPETUAL 1) Feb. 2. Issued $19,000 of common stock for cashr? 2) Feb. 3 Purchased $6,500 of merchandise on account with terms 2/10, n30, FOB Shipping Point. 3) Feb.3 Paid $200 cash for shipping charges on the previous purchase. 4) Feb 4 Returned $1,000 of the merchandise purchased on Feb. 3. 5) Feb. 5 Sold merchandise that cost $3,000 for $5,500 cash 6) Feb. 10 Recorded the discount and paid the amount due from the purchase of merchandise on Feb. 3. 7) Feb. 14 Purchased additional merchandise for $5,600on account with terms 2/10, n30, FOB Destination. Required: Record the above transactions in general journal form

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