1) Prepare the journal entries to record these transactions on Marten Company's books. Marten Company uses a periodic inventory system. November 4 Marten sells $23,000 of merchandise to Oza Company, terms 2/10, n/30, FOB shipping point, S The correct company paid freight costs of $233. 1 14 Oza returned $2300 of the merchandise purchased on February 5. The Inventory is not damaged and can be resold. Marten restores it to Inventory. 2 24 Marten collects the balance due from Oza. 24 25 26