Morg Building Supplies sells building supplies and small tools to retail customers. It entered into the following transactions (the business uses the perpetual inventory system) during September.

Required:
a Prepare journal entries to record these transactions.
b What were the net sales for the month?

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Date 1 Sept. 2 5 6 6 10 21 30 Transaction Purchased $2090 of building supplies on credit from Doe Company, with terms 2/10, n/30. Returned $165 of defective building supplies purchased on 1 September from Doe Company for credit. Sold $990 of small tools (which cost $660) to customers for cash. Purchased $385 of small tools for cash. Granted $77 cash allowance to customer for minor defects found in small tools sold on 5 September. Paid balance due to Doe Company for purchase of 1 September. Sold $1650 of building supplies (which cost $1100) on credit to R. Bailey, with terms 1/10, n/30. Received balance due from R. Bailey for building supplies purchased on 21 September.