How to fill out this Journal Entry? PLEASE answer in Excel format and PLEASE answer all questions (including parts 7a&b and 12a&12b) THANK YOU

he company uses the perpetual inventory method ecord the following events in the general journal an3. Purchased $20,000 of merchandise inventory from a supplier, Kelly Distributors, Inc. The terms of the purchase: 2/10, n/30 and FOB shipping point. tkingcm to have goods e goods shipped from Distributors, Inc. an 7. (a) Sold merchandise for S4,000 to a customer on account. (b) The merchandise had cost Turner $2,800. an 10. Returned $2,500 of defective merchandise to Kelly Distributors, nc. an. 11. Paid amount due on account to Kelly Distributors for merchandise purchased on January 3 an. 12. a) Accepted a return of $750 of the goods sold on January 7 b) The cost of these goods was S550. ate Debit Account Tries 7a 7b 10 12a 12b