Journalize the transactions using the perpetual inventory system

Cullumber Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May Cullumbers ledger showed Cash of $ 7.200 and Common Stock of $ 7.200, 5 9 10 May 1 Purchased merchandise on account from Black Wholesale Supply for $7.200, terma 1/10, 1/30 2 Sold merchandise on account for $3,600, terms 2/10, 1/30. The cost of the merchandise sold was $ 2.500 Received credit from Black Wholesale Supply for merchandise returned $ 200, Received collections in full, less discounts, from customers billed on May 2 Paid Black Wholesale Supply in full, less discount, 11 Purchased supplies for cash $ 900. 12 Purchased merchandise for cash $ 2.300. Received $ 230 refund for return of poor quality merchandise from supplier on cash purchase 17 Purchased merchandise from Wilhelm Distributors for $ 1700 terms 2/10, 1/30 Paid freight on May 17 purchase $ 250. Sold merchandise for cash $ 5.500. The cost of the merchandise sold was $4,100 25 Purchased merchandise from Clasps Inc. for $ 800, torms 3/10, 1/30, 27 Pald Wilhelm Distributors in full, less discount 29 Made refunds to cash customers for returned merchandise S 108. The returned merchandise had cost $84. 31 Sold merchandise on account for $ 1.280. terms n/30. The cost of the merchandise sold was $ 930, 15 19 24