Journalize the following transactions for Beta Co$.$ assuming $($a$)$ a perpetual inventory system, and $($b$)$ a

periodic inventory system. If no entry is required, write $$no entry$.$

May $1$ Beta purchased $$5,000$ of inventory from Delta. Terms $2/10$ net $30,$ FOB destination.

May $5$ The appropriate company paid freight charges of $$250$ relating to the May $1$ transaction.

May $7$ Beta sold $$7,600$ of inventory to Gamma on account. Terms $1/10$ net $30,$ FOB

destination. The inventory originally cost $$5,200.$

May $10$ Beta paid their account to Delta in full $($relating to the May $1$ transaction$).$

May $11$ The appropriate company paid freight charges of $$300$ relating to the May $7$ transaction.

May $15$ Beta received cash from Gamma for the full amount outstanding from May $7.$