The following selected transactions occurred for Cinrich Corporation. The company uses a perpetual inventory system, has a year end, and adjusts its, accounts annually. Feb. 1 Sold merchandise for $7,800 on account (n/30) to Morgan Ltd. The cost of goods sold was $5,850. 3 Sold $14,400 of merchandise costing $8,000 to Gauthier Company and accepted Gauthier's two-month, 6\% no payment. Interest is due at maturity. 26 Sold $13,200 of merchandise to Mathias Corp., terms n/30. The cost of the mercharhise sold was $7,700. Mar. 6 Sold, on account (n/30),$4,300 of merchandise that cost $2,800 to Superior Limited. 27 Accepted a two-month, 7\%, \$13,200 note from Mathias in settlement of its account. (See February 26 transacti Interest is due at maturity. Apr. 3 Collected the Gauthier note in full. (See February 3 transaction.) May 27 The Mathias note of Mrch 27 was dishonoured. It is expected that Mathias will eventually pay the amount owe 31 Recorded accrued interest for three months on outstanding interest on the receivables overdue from Morgan ar Superior. Interest on unpaid receivables is charged at 24% per annum ( 2% per month). (See February 1 and Marc transactions.) Question 4 of 5 2.33/4 payment. Interest is due at maturity. 26 Sold $13,200 of merchandise to Mathias Corp., terms n/30. The cost of the merchandise sold was $7,700. Mar. 6 Sold, on account (n/30),$4,300 of merchandise that cost $2,800 to Superior Limited. 27 Accepted a two-month, 7\%, \$13,200 note from Mathias in settlement of its account. (See February 26 transa Interest is due at maturity. Apr. 3 Collected the Gauthier note in full. (See February 3 transaction.) May 27 The Mathias note of March 27 was dishonoured. It is expected that Mathias will eventually pay the amount o 31 Recorded accrued interest for three months on outstanding interest on the receivabls overdue from Morgar - Superior. Interest on unpaid receivables is charged at 24% per annum ( 2% per month). (See February 1 and M transactions.) Record the above transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when am entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round ans the nearest whole dollar, e.g. 5,275 .)