The following transactions were selected from the records of Evergreen Company:

The following transactions were selected from the records of Evergreen Company: Sold merchandise to Wally Butler, who paid the $2, 600 purchase with cash. The goods cost Evergreen Company $1, 400. 15 Sold merchandise to Claudio's Chair Company at a selling price of $4,000 on terms 3/10, n/30. The goods cost Evergreen Company $5, 100. 20 Sold merchandise to Otto's Ottomans at a selling price of $4, 600 on terms 3/10, n/30. The goods cost Evergreen Company $3, 500. 23 Collected payment from Claudio's Chair Company from the July 15 sale. Aug. 25 Collected payment from Otto's Ottomans from the July 20 sale. Required: Prepare journal entries to record the transactions, assuming Evergreen Company uses a perpetual inventory system