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Marigold Aardware Store inc. completed the following merchandising transactions in the month of May 2025. At the beginning of May, Marigold's ledger showed Cash of $8,200 and Common Shares of $8,200. May 1 Purchased merchandise on account from Hilton Wholesale Supply for $8,200, terms 2/10,n/30. 2 Sold merchandise on account for $4,400, terms n/30. The cost of the merchandise sold was $3,500. 5 Received credit from Hilton Wholesale Supply for merchandise returned $250. 9 Received collections in full from customers billed on May 2. 10 Paid Hilton Wholesale Supply in full, less discount. 11 Purchased supplies for cash $880. 12 Purchased merchandise for cash $2,650. 15 Received $290 refund for return of poor-quality merchandise from supplier on cash purchase. 17 Purchased merchandise from Northern Distributors for $2,450, terms 2/10,n/30. 19 Paid freight on May 17 purchase $290. 24 Sold merchandise for cash $5,200. The cost of the merchandise sold was $4,100. 25 Purchased merchandise from Toolware Inc, for $780, terms 3/10,n/30. 27. Paid Northern Distributors in full, less discount. 29 Made refunds to cash customers for returned merchandise $118. The returned merchandise was returned to inventory and had cost $90. 31 Sold merchandise on account for $1,200, terms n/30. The cost of the merchandise sold was $900. Post the transactions to T accounts. (Post entries in the order of journal entries presented in the question. Round your answers to 0 decimal places, eg. 5,275.) Accounts Receivable Inventory Question 2 of 4 Accounts Payable Refund Liability Common Shares Common Shares Sales Cost of Goods Sold

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