Journal Entries for Merchandise TransactionsPerpetual System merchandise held for resale. The perpetual inventory system is...

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Accounting

Journal Entries for Merchandise TransactionsPerpetual System merchandise held for resale. The perpetual inventory system is used.
\table[[Aug.,1,Purchased merchandise from Norris, Inc., $3,600, terms 2/10,n/30.],[,5,Paid freight on shipment from Norris, Inc., $180.],[,7,Sold merchandise to Denton Corporation, $5,000( $3,600 cost).],[,7,Paid $360 freight on August 7 shipment and billed Denton for the charges.],[,9,Returned $800 worth of the merchandise purchased August 1 from Norris, Inc., because it was defective. Norris approved the return.],[,9,Received $1,000 of returned merchandise ($800 cost) from Denton Corporation. Rockford approved the return.],[,10,Paid Norris, Inc., the amount due.],[14,Purchased from Chambers, Inc., goods with a price of $10,000. Terms 1/10,n/30.,],[15,Paid freight on shipment from Chambers, Inc., $300.,],[17,Received the amount due from Denton Corporation.,],[18,Sold merchandise to Weber, Inc., $9,800( $6,800 cost).,],[20,Paid $340 freight on August 18 shipment and billed Weber for the charges.,],[24,Paid Chambers, Inc., the amount due.,],[28,Received the amount due from Weber, Inc.,]]
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Prepare journal entries for these transactions for Rockford Corporation. Round your answers to the nearest dollar.
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