217. Bargain Wholesalers sells pet supplies to retailers, including Pet World Supplies. Bargain Wholesalers uses perpetual inventory. Journalize the following transactions for Bargain Wholesalers: ...

217. Bargain Wholesalers sells pet supplies to retailers, including Pet World Supplies. Bargain Wholesalers uses perpetual inventory. Journalize the following transactions for Bargain Wholesalers:

May 4Sold inventory to Pet World Supplies for $8,250.00 with terms 1/10, n/30. The cost of the merchandise was $5,755.00.

13Sold an additional $10,985 in inventory to Pet World Supplies with terms 1/10, n/30. The cost of the merchandise was $6,925.00.

23Received a check from Pet World Supplies paying the balance due.