Zhang Company uses a perpetual inventory system to record their inventory. During May, the following transactions and events occurred.

A) May 13, sold 12 motors at a cost of $40 each to LS Supply Company, terms 1/10, n/30. The motors cost Zhang Company $25 each.

B) May 16, two defective motors were returned to Zhang.

C) May 23, received payment in full from LS Supply Company.

Instructions:

Journalize the May transact