Travel Warehouse distributes suitcases to retail stores and extends credit terms of 1/10,n/30 to all of its customers. At the end of July, Travel's inventory consisted of 40 suitcases purchased at $30 each. During the month of July the following merchandising transactions occurred. July 1 Purchased 50 suitcases on account for $30 each from Suitcase Manufacturers, FOB destination, terms 1/15,n/30. 3 Sold 40 suitcases on account to Luggage World for $50 each. 9 Paid Suitcase Manufacturers in full. 12 Received payment in full from Luggage World. 17 Sold 30 suitcases on account to The Travel Spot for $50 each. 18 Purchased 60 suitcases on account for $1,700 from Vacation Manufacturers, FOB shipping point, terms 2/10,n/30. 20 Received $300 credit (including freight) for 10 suitcases returned to Vacation manufacturers. 21 Received payment in full from The Travel Spot. 22 Sold 40 suitcases on account to Vacations-Are-Us for $50 each. 30 Paid Vacation Manufacturers in full. 31 Granted Vacations-Are-Us $250 credit for 5 suitcases returned costing $150. Travel Warehouse's chart of accounts includes the following: Cash, Accounts Receivable, Merchandise Inventory, Accounts Payable, Sales, Sales Returns and Allowances, Sales Discounts, Cost of Goods Sold. Instructions: Journalize the transactions for the month of July for Travel Warehouse using a perpetual inventory system