Following are selected transactions of Gamble Company:
Purchased 100 units of merchandise at USD 240 each; terms 2/10, n/30.
Paid the invoice in transaction 1 within the discount period.
Sold 80 units at USD 384 each for cash.
Purchased 100 units at USD 360; terms 2/10, n/30.
Paid the invoice in transaction 4 within the discount period.
Sold 60 units at USD 552 each for cash.
Prepare journal entries for the six preceding items. Assume Gamble uses FIFO perpetual inventory procedure.