2 Make Journal entries for the following transactions for the Hat Store a 3/1 3/2 3/5 3/6 e 3/8 Hat Store buys hats on account for $4,600 from a distributor with terms FOB shipping point and payment 2/10 net 30 Paid freight on the purchase from 3/1 cash $150 Sold 20 hats to a baseball team for $1000 on account 3/10 net 30. The cost of the hats was $500 Hat store returned 10 damaged hats, related to 3/1 purchase and received a $200 credit Paid the distributor for the purchase in # 1 in full and took the discount. Remember to subtract the discount.. Hat store bought more hats for $5,500, cash. No freight cost Received payment from the customer for merchandise sold on 3/5. Customer took the discount. Hat store sold 50 hats for $2000 cash. Terms are FOB destination. The cost of the 50 hats was $800 The Hat store paid freight on the 3/9 sale $100 cash Customer from 3/9 sale returned 5 hats and we gave them cash back of $200 The cost on those hats was $80 3 . 3/8 3/9 3/9 3/10 3/11 DATE Account Debit Credit 1-Mar 2-Mar 5-Mar 6-Mar