Whispering Winds Home Electronics Corp. completed the following merchandising transactions in the month of July 2024 . At the beginning of July, Whisprring Winds's ledger showed Cash $30,000; Accounts Receivable $13,500; Inventory $16,500; Common Shares $27,000; and Retained Earnings $33,000. Whispering Winds Home has experienced a return rate of 2% of sales and uses a perpetual inventory system. July 2 Sold merchandise on account to Home Security Ltd. for $13,500, terms n/45, FOB destination. The cost of the merchandise was $9,000. 2 Freight charges of $300 were paid by the appropriate party on the merchandise sold. 4 Purchased merchandise on account from Al Gadgets inc. for $21,000, terms 2/10. n/30, FOB shipping point. 5 Freight charges of $750 were paid by the appropriate party on the merchandise purchased on July 4. 8 Collected $4,500 of the accounts receivable outstanding at the beginning of the month. All accounts were originally sold on terms of n/30. 9 Paid a $270 cash refund to customers for returned merchandise. The cost of the returned merchandise was $90. It was restored to inventory. 11 Received a $1,200 credit from Al Gadgets when merchandise was returned. 13 Sold merchandise to various customers for $10,500 cash. The cost of the merchandise was $3,000. 16 Purchased merchandise from Virtual Trainers Inc for $18,000, terms n/30, FOB destination. 17 Freight of $300 was paid by the appropriate party on the July 16 purchase of merchandise. 18 Paid Al Gadgets in full. 27 Received payment in full from Home Security Ltd. for merchandise sold on account on July 2. 30 Purchased supplies for $2,100 cash. 31 A physical inventory count was taken and determined that there was $42,000 of inventory on hand. Prepare any adjustment required. (a) Record the July transactions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)