Journalize the transactions using a perpetual inventory system.

Winters Hardware Store completed the following merchandising transactions in the month ofMay. At the beginning of May, Winters' ledger showed Cash of $8,000 and Common Stock of 53,000. May 1 Purchased merchandise on account from Black Wholesale Supply for $3,000, terms 13'10, nB-l}. 2 Sold merchandise on account for $4,400, terms HID, mill). The cost ofdie merchandise sold was $3,300. 5 Received credit from Black Wholesale Supply for merchandise returned 3200. 9 Received collections in full, ll- discounts, 'om customers billed on May 2. 10 Paid Black Wholesale Supply in full, less discount. 11 Purchased supplies for cash $900. 1?. Purchased merchandise for cash $3,100. 15 Received 3230 refund forreturn ofpoorr-quality merchandise 'om supplier on cash p'Ln'chase. l? Purchased merchandise from Wilhelm Distributors for $2,500, terms Zu'lf}, nBD. 19 Paid 'eight on May 1? purchase $250. 2-1 Sold merchandise for cash $5,500. The cost ofie merchandise sold was $4,100. 25 Purchased merchandise from Clasps Inc. for 5800, terms 3:10, 1:230. 27 Paid Wilhehn Distributors in fulL less discount 29 Made refunds to cash cistomers for returned merchandise 5114.1he returned merchandise had cost $90. 31 Sold merchandise on account for $1,230,telms n80. The cost cfthe merchandise sold was $330. Winters Hardware's chart cfaccounts includes Cash, Accounts Receivable, Inventory, Supplies, Accounts Payable, Common Stock, Sales Revenue, Salli Returns and Allowances, Sales Discounts, and Cost choods Sold. Instructions {a} qumaline the transactions usinz a Bernetual inventorv system