Journalize the following transactions. Assume the perpetual inventory system. 201X Apr. 5 Sold merchandise for $1,450 cash.

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Journalize the following transactions. Assume the perpetual inventory system.
201X
Apr. 5 Sold merchandise for $1,450 cash. The cost of the merchandise was $725.
16 Made refunds to cash customers for defective merchandise, $65. The cost of defective merchandise was $30.

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