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Record the following transactions for a perpetual inventory system in general journal form. Round your answers to the nearest cent. a. Sold merchandise on account to Southridge Manufacturing, Inc., invoice no. 6910, $1818.63. The cost of merchandise was $1,301. b. Issued credit memorandum no. 56 to Southridge Manufacturing, Inc., for merchandise returned, $621. The cost of the merchandise was $478. C. Bought merchandise on account from Michal's Inc., invoice no. 1685, $858; terms 1/10, n/30; dated April 14; FOB Dallas, freight prepaid and added to the invoice, $69.00 (total $927). d. Received credit memorandum no. 219 from Michal's Inc. for merchandise returned, $206. GENERAL JOURNAL PAGE POST. DATE DESCRIPTION DEBIT CREDIT REF. 1 1 2 a. Accounts Receivable, Southridge Manufacturing, Inc. 2 3 3 4 Sold merchandise on account to Southridge Manufacturing, Inc., invoice no. 6910. . 4 5 5 5 6 Merchandise Inventory X 6 7 7 7 8 Cost of merchandise sold to Southridge Manufacturing, Inc., invoice no. 6910. 8 9 9 10 b. X 10 11 11 12 Issued credit memo no. 56. . 12 13 13 141 Merchandise Inventory 14 15 15 16 Cost of merchandise returned, credit memo no. 56. 16 17 17 18 C. 18 19 19 20 Purchased merchandise from Michal's Inc., invoice no. 1685, invoice dated 4/14, terms 1/10, n/30. 20 21 21 22 d. Accounts Payable, Michal's Inc. 22 23 23 24 Credit memo no. 219 for return of merchandise. 24 25 25

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