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The following transactions were selected from the records of Evergreen Company. July 12 sold merchandise to Wally Butler, who paid the $2,300 purchase with cash.

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The following transactions were selected from the records of Evergreen Company. July 12 sold merchandise to Wally Butler, who paid the $2,300 purchase with cash. The goods cost Evergreen Company $1,250. July 15 sold merchandise to Claudio's Chair Company at a selling price of $7,600 on terms 3/10, n/30. The goods cost Evergreen Company $4,800. July 16 sold merchandise to Otto's ottomans at a selling price of $4,300 on terms 3/10, n/30. The goods cost Evergreen Company $2,550. July 23 Received cash from Claudio's Chair Company for the amount due from July 15. July 31 Received cash from Otto's Ottomans for the amount due from July 16. Required: Prepare journal entries to record the transactions, assuming Evergreen Company records discounts using the gross method in a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet

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