record journal entries using perpetual method

4 - Record journal entries for Merchandiser Co. using the perpetual method. *To get full points, sales needs to be in the following format: AIR 100 Sales 100 COGS 40 Inventory 40 (Sale of 200 units! (Returned 6 units to Vendor Co. and received credit memo #65) (Sold 90 units to Buyer Co. for $1.00 each with terms 2/10 n/60--each unit cost $0.49) (Buyer Co. returned 6 units to us & we issued a credit memo) (Paid Vendor Company) (Payment received from Buyer Co.) (Sold 120 units to Client Co. for $1 each with terms 2/10 n/30--each unit cost $0.49) (Payment received from Client Co.) (Paid Supplier Co. --check #983) (Purchased 66 units for $0.50 each from Vendor Co. with terms of 3/5 n/30) 4 - Record journal entries for Merchandiser Co. using the perpetual method. *To get full points, sales needs to be in the following format: AIR 100 Sales 100 COGS 40 Inventory 40 (Sale of 200 units! (Returned 6 units to Vendor Co. and received credit memo #65) (Sold 90 units to Buyer Co. for $1.00 each with terms 2/10 n/60--each unit cost $0.49) (Buyer Co. returned 6 units to us & we issued a credit memo) (Paid Vendor Company) (Payment received from Buyer Co.) (Sold 120 units to Client Co. for $1 each with terms 2/10 n/30--each unit cost $0.49) (Payment received from Client Co.) (Paid Supplier Co. --check #983) (Purchased 66 units for $0.50 each from Vendor Co. with terms of 3/5 n/30)