please enter journal entries for each section

Enter the beginning cash and capital balances and post the transactions. (Post entrles in the order of journal entries presented in the prevlous part, Question 1 of 1 > Supplies ]1. 11 ] 1 Owner's Caplital No, 301 Sales Discounts No. 414 \begin{tabular}{|cccccc|} \hline Date Explanation Ref. & Debit & Credit & Balance \\ \hline Cost of Goods Sold & J1 & No. & Credit \\ \hline Date & Explanation & Ref. & Debit & Balance \\ \hline \end{tabular} 11 J1 ]1 eTextbook and Media Ivanhoe Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, ledger of Ivanhoe showed Cash of $4,500 and Owner's Capital of $4,500. May 1 Purchased merchandise on account from Braun's Wholesale Supply $3,900, terms 2/10,/30. 2 Sold merchandise on account $1,800, terms 1/10,n/30. The cost of the merchandise sold was $1,300. 5 Received credit from Braun's Wholesale Supply for merchandise returned $250. 9 Received collections in full, less discounts, from customers billed on sales of $1,800 on May 2. 10 Paid Braun's Wholesale Supply in full, less discount. 11 Purchased supplies for cash $300. 12 Purchased Derchandise for cash $1,400. 15 Received refund for poor quality merchandise from supplier on cash purchase $200. 17. Purchased merchandise from Valley Distributors $1,300,FOB shipping point, terms 2/10,/30. 19 Paid freight on May 17 purchase $170. 24. Sold merchandise for cash $2,800. The merchandise sold had a cost of $2.100. 19 Paid freight on May 17 purchase $170. 24 Sold merchandise for cash $2,800. The merchandise sold had a cost of $2,100. 25 Purchased merchandise on account from Lumley, Inc. $600,FOB destination, terms 2/10,n/30. 27 Paid Valley Distributors in full, less discount. 29 Made refunds to cash customers for defective merchandise $70. The returned merchandise had a fair value of $20. 31 Sold merchandise on account $1,000, terms /30. The cost of the merchandise sold was $600. Ivanhoe Hardware's chart of accounts includes the following: No. 101 Cash, No. 112 Accounts Receivable, No. 120 inventory, No. 126 Supplies, No. 201 Ahrounts Payable, No. 301 Owner's Capital, No. 401 Sales Revenue, No, 412 Sales Returns and Allowances, No. 414 Sales Discounts, and No. 505 Cost of Goods Sold. Journalize the transactions using a perpetual inventory system. (Credit occount titles are outomatically indented when amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem.) \begin{tabular}{|l|} \hline 170 \\ \hline \end{tabular} ay24 Cash Sales Revenue (To record cash sale) \begin{tabular}{|l|} \hline 2800 \\ \hline \end{tabular} 2800 May 24 Cost of Goods Sold \begin{tabular}{|r|} \hline 2100 \\ \hline \end{tabular} \begin{tabular}{l} Accounts Payable \\ Cash \\ Imventory \\ ay 29 \\ \hline \end{tabular} (To record merchandise returned) May29: Cost of Coods Sold (To record cost of merchandise returned) 20 (To record cost of merchandise returned) A. (To record cost of merchandise returned) Accounts Receivable 1000 Sales Revenue (To record credit sale) Cost of Goods Sold Inventory (To record cost of merchandise sold) 600 Enter the beginning cash and capital balances and post the transactions. (Post entries in the order of journal entries presented in the previous part.]