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value 5.00 points The following transactions were selected from among those completed by Bear's Retail Store: Nov. 20 Sold two items of merchandise to Cheryl

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value 5.00 points The following transactions were selected from among those completed by Bear's Retail Store: Nov. 20 Sold two items of merchandise to Cheryl Jahn, who paid the $300 sales price in cash. The goods cost Bear's $210. 25 Sold 20 items of merchandise to Vasko Athletics at a selling price of $3,000 (total); terms 3/10, n/30. The goods cost Bear's $2,000 items terms 3/10, n/30. The goods cost Bear's $3,500. 29 Nancy's Gym returmed one of the items purchased on the 28th. The item was in perfect Dec. 6 Nancy's Gym paid the account balance in full. condition and credit was given to the customer 30 Vasko Athletics paid in full for the invoice of November 25. Required: Prepare journal entries to record the transactions, assuming Bear's Retail Store uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to the nearest whole dollar amount.) View transaction list 1 Record the cash sales of $300 to Cheryl Jahn. 2 Record the cost of goods sold of $210. 3 Record the sales on account of 20 items for $3,000 to 10 Vasko Athletics on terms 3/10, v3o. 4 Record the cost of goods sold of $2,000. Record the sales on account of 10 items for $5.000 to Nancy's Gym on terms 3/10, n/30. 6 Record the cost of goods sold of $3,5o0 Record the return of 1 item by Nancy's Gym in perfect Note-journal entry has been entered 80 ES F4

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