You are provided with the unadjusted trial balance for Rex Company as unrecorded of January 31 2005. Before you proceed, there are and transactions for December that can required journalize have you are to then update the general account balances. Once completed you will compiete a new unadjusted trial balance to move to the worksheet and the following items. x COMPANY S 2.200 11.500 41,000 s 15.000 Accumulated deprociation-store equipment 2.000 1.000 Sales returns and allowances Cost of good sold Depreciation expense Storo oquipment 31.000 14.000 Store supplies expense 9,900 Prepare the general journal entries to record these transactions. Dec 1 sold merchandise on credit for ss,000, tems 3/10, n/30. The items sold had a cost of $3,500. 3 Purchased merchandise for cash, $720. 4 Purchased merchandise on credit for $2,600, terms 1/20, n/30. 5 Issued a credit memorandum for$300 to a customer who returned merchandise purchased November 29. The returned items had a cost of $210.(Note: you must credit cash for $300). 11 Received payment for merchandise sold December 1. 15 Received a credit memorandum forthe retum offaulty merchandise purchased on December 4 for 3600. 18 Paid freight charges of$200 for merchandise ordered last month. (FoB shipping point 23 Paid for the merchandise purchased December 4 less the portion that was returned. 24 Sold merchandise on credit for$7,000, terms 2/10, n/30. The items had a cost of $4,900. 31 Received payment for merchandise sold on December 24