Winters Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, Winters ledger showed Cash of $9,600 and Common Stock of $9,600.

May 1		Purchased merchandise on account from Black Wholesale Supply for $7,600, terms 1/10, n/30.
2		Sold merchandise on account for $4,300, terms 2/10, n/30. The cost of the merchandise sold was $3,225.
5		Received credit from Black Wholesale Supply for merchandise returned $400.
9		Received collections in full, less discounts, from customers billed on May 2.
10		Paid Black Wholesale Supply in full, less discount.
11		Purchased supplies for cash $1,080.
12		Purchased merchandise for cash $3,720.
15		Received $276 refund for return of poor-quality merchandise from supplier on cash purchase.
17		Purchased merchandise from Wilhelm Distributors for $3,900, terms 2/10, n/30.
19		Paid freight on May 17 purchase $300.
24		Sold merchandise for cash $6,600. The cost of the merchandise sold was $4,920.
25		Purchased merchandise from Clasps Inc. for $960, terms 3/10, n/30.
27		Paid Wilhelm Distributors in full, less discount.
29		Made refunds to cash customers for returned merchandise $130. The returned merchandise had cost $94.
31		Sold merchandise on account for $1,536, terms n/30. The cost of the merchandise sold was $996.

Journalize the transactions using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)