On September 4, Real Housewares has $16,500 in sales, with customers paying $10,750 in cash and the remainder on account. Real Housewares purchased the merchandise for $4,800. Prepare the journal...

On September 4, Real Housewares has $16,500 in sales, with customers paying $10,750 in cash and the remainder on account. Real Housewares purchased the merchandise for $4,800. Prepare the journal entries required to record the sales using a perpetual inventory system.