The following seven questions (8 through 14) relate to a merchandising company using a perpetual inventory system. Prepare the journal entries OMITTING EXPLANATIONS 6. July 6 Purchased $1,800 of merchandise on credit with terms of net 30 days. 7. July 8. Returned $300 of the items purchased on July 6. 8. July 9 Paid freight charges of $90 on the items purchased July 6. 9. July 19 Sold merchandise on credit for $3,400, on terms of net 30 days. The merchandise had a cost in inventory of $600. 10. July 22 of the merchandise sold on July 19, $200 of it was returned. The items had cost the the store $30. 11. July 28 Received payment in full from the customer of July 19. 12. July 31 Paid for the merchandise purchased on July 6