Answer:
Sep. 3	
Dr Merchandise Inventory	$7,000	
Cr Accounts Payable—Shallin Wholesalers $7,000
Sep. 4	
Dr Merchandise Inventory	$55	
Cr Cash $55
Sep. 4
Dr Merchandise Inventory	$2,100	
Cr Cash $2,100
Sep. 6	
Dr Accounts Payable—Shallin Wholesalers	$1,000
Cr Inventory $1,000
Sep. 8
Dr Accounts Receivable— Herenda Company	$5,445	
Cr Sales Revenue $5,445
Sep. 8	
Dr Cost of Goods Sold	$2,255	
Cr Merchandise Inventory $2,255
Sep. 9	
Dr Merchandise Inventory	$10,000	
Cr Accounts Payable—Tripp Wholesalers $10,000
Sep. 10	
Dr Accounts Payable—Shallin Wholesalers	$6,000	
Cr Merchandise Inventory $60
Cr Cash $5,940
Sep. 12	
Dr Cash	$5,445
Accounts Receivable—Herenda Company $5,445
Sep. 13	
Dr Accounts Payable—Tristan Wholesalers	$100	
Cr Merchandise Inventory $100
Sep. 15	
Dr Accounts Receivable—Jesper Company	$3,500	
Cr Sales Revenue $3,500
Sep. 15	
Dr Cost of Goods Sold	$1,610	
Cr Merchandise Inventory $1,610
Sep. 22	
Dr Accounts Payable—Tristan Wholesalers	$9,900	
Cr Cash $9,900
Sep. 23
Dr Refunds Payable	$800	
Cr Accounts Receivable—Jesper Company $800
Sep. 23
Dr Merchandise Inventory	$368	
Cr Estimated Returns Inventory $368
Sep. 25	
Dr Accounts Receivable—Smithson	$1,995
Cr Sales Revenue $1,940
Cr Cash $55
Sep. 25
Dr Cost of Goods Sold	$780
Cr Merchandise Inventory $780
Sep. 29
Dr Cash	$1,995
Cr Accounts Receivable— Smithson $1,995
Sep. 30	
Dr Cash	$2,100	
Cr Accounts Receivable—Jesper Company $2,100
Explanation:
Preparation of the journal entries
Sep. 3	
Dr Merchandise Inventory	$7,000	
Cr Accounts Payable—Shallin Wholesalers $7,000
Sep. 4	
Dr Merchandise Inventory	$55	
Cr Cash $55
Sep. 4
Dr Merchandise Inventory	$2,100	
Cr Cash $2,100
Sep. 6	
Dr Accounts Payable—Shallin Wholesalers	$1,000
Cr Inventory $1,000
Sep. 8
Dr Accounts Receivable— Herenda Company	$5,445	
Cr Sales Revenue $5,445
[$5,500-(1%*$5,500)]
Sep. 8	
Dr Cost of Goods Sold	$2,255	
Cr Merchandise Inventory $2,255
Sep. 9	
Dr Merchandise Inventory	$10,000	
Cr Accounts Payable—Tripp Wholesalers $10,000
Sep. 10	
Dr Accounts Payable—Shallin Wholesalers	$6,000	
($7,000-$1,000)
Cr Merchandise Inventory $60
(1%*$6,000)
Cr Cash $5,940
($6,000-$60)
Sep. 12	
Dr Cash	$5,445
[$5,500-(1%*$5,500)]	
Accounts Receivable—Herenda Company $5,445
Sep. 13	
Dr Accounts Payable—Tristan Wholesalers	$100	
Cr Merchandise Inventory $100
Sep. 15	
Dr Accounts Receivable—Jesper Company	$3,500	
Cr Sales Revenue $3,500
Sep. 15	
Dr Cost of Goods Sold	$1,610	
Cr Merchandise Inventory $1,610
Sep. 22	
Dr Accounts Payable—Tristan Wholesalers	$9,900	
Cr Cash $9,900
($10,000-$100)
Sep. 23
Dr Refunds Payable	$800	
Cr Accounts Receivable—Jesper Company $800
Sep. 23
Dr Merchandise Inventory	$368	
Cr Estimated Returns Inventory $368
Sep. 25	
Dr Accounts Receivable—Smithson	$1,995
($1,940+$55)	
Cr Sales Revenue $1,940
[$2,000-(3%*$2,000)]
Cr Cash $55
Sep. 25
Dr Cost of Goods Sold	$780
Cr Merchandise Inventory $780
Sep. 29
Dr Cash	$1,995
($1,940+$55) 
Cr Accounts Receivable— Smithson $1,995
Sep. 30	
Dr Cash	$2,100	
Cr Accounts Receivable—Jesper Company $2,100