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The Jewel Box purchases jewellery from around the world and sells to local retailers in Canada. Consider the following perpetual system merchandising transactions of The Jewel Box. Use a separate account for each receivable and payable; for example, record the purchase on August $1$ in Accounts Payable$-$Luu Company.

Aug. $1$ Purchased necklaces from Luu Company for $$3,500$ under credit terms of $\frac{1}{10},\frac{n}{30},$ FOB destination.

$4$ At Luu Company's request, paid $$300$ for freight charges on the August $1$ purchase, reducing the amount owed to Luu.

$5$ Sold rings to Green Ruby for $$3,500$ under credit terms of $\frac{2}{10},\frac{n}{60},$ FOB destination. The merchandise had cost $$2,220.$

$8$ Purchased bracelets from Jane Co$.$ for $$4,700$ under credit terms of $\frac{1}{10},\frac{n}{45},$ FOB shipping point.

$9$ Paid $$275$ shipping charges related to the August $5$ sale to Green Ruby.

$10$ Green Ruby returned the rings purchased from the August $5$ sale that had cost $$390$ and been sold for $$750.$ The merchandise was restored to inventory.

$12$ After negotiations with Jane Co$.$ concerning problems with the merchandise purchased on August $8,$ received a credit memo from Jane granting a price reduction of $$300.$

$15$ Received balance due from Green Ruby for the August $5$ sale.

$17$ Purchased office equipment from Westco on credit, $$5,500,\frac{n}{45}.$

$18$ Paid the amount due Jane Co$.$ for the August $8$ purchase.

$19$ Sold earrings to Chic Jewellery for $$2,550$ under credit terms of $\frac{2}{10},\frac{n}{30},$ FOB shipping point. The merchandise had cost $$1,140.$

$22$ Chic Jewellery requested a price reduction on the August $19$ sale because the merchandise did not meet specifications. Sent Chic Jewellery a credit memo for $$300$ to resolve the issue.

$29$ Received Chic Jewellery's payment of the amount due from the August $19$ purchase.

$30$ Paid Luu Company the amount due from the August $1$ purchase.

Prepare General Journal entries to record the above transactions.

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