2 2024029) Prepare journal entries to record each of the following transactions of a merchandising company. The company uses a perpetual Inventory system and the gross method. November 5 Purchased 900 units of product at a cost of $10 per unit. Terma of the sale are 4/10, n/60; the invoice is dated November 5. November 7 Returned 35 defective unite from the November 5 purchase and received full credit. Sovember 15 Paid the amount due fron the November 5 purchase, minus the return on Sovember 7. View transaction list Pet Journal entry worksheet References < 1 2 3 Mc Purchased 900 units of product at a cost of $10 per unit. Terms of the sale are 4/10, n/60; the invoice is dated November 5. Nite Enter debits before credits. Date Nov 05 General Journal Debit Credit HW 161 Connect 2 2 points Saved Check my work November 5 Purchased 900 units of product at a cost of $10 per unit. Teras of the sale are 4/10, n/60; the invoice is dated Novenber 5. November 7 Returned 35 defective units from the Novenber 5 purchase and received fall credit. November 15 Paid the amount due from the November 5 purchase, minus the return on November 7. View transaction list 03:31:23 Journal entry worksheet ebook < 1 2 3 Hint P References Returned 35 defective units from the November 5 purchase and received full credit. Note: Enter debits before credits. Date Nov 07 General Journal Debit Credit Record entry Clear entry View general journal Next > ""VLFI) T" uFFS FI SN Re November 5 Purchased 900 units of product at a cost of $10 per unit. Terms of the sale dated November 5. November 7 Returned 35 defective units from the November 5 purchase and received full November 15 Paid the amount due from the November 5 purchase, minus the return on Novem View transaction list Journal entry worksheet < 1 2 3 Paid the amount due from the November 5 purchase, minus the return on November 7. Note: Enter debits before credits. Date Nov 15 General Journal Debit Credit Record entry Clear entry , View general journal www