2. XYZ Company engaged in the following transactions. Oct.69111314162212PurchasedstoresuppliesonaccountfromDelta,2/10n/30,$350.Received10%allowancefromDelta.AcceptedfromAlfaaretumofmerchandise,$150.ReceivedfullpaymentfromAlfaforhisOctoberIpurchase.Retumedforcredit$300ofmerchandisereceivedonOctober2.PaidDeltaforpurchaseofOctober6.PaidBetaferpurchaseofOctober2.SoldmerchandisetoAlfaonaccount,2/15n/30,$1,000(cost,$650).PurchasedmerchandiseonaccountfromBeta,3/7n/30,$2,000. Prepare entries in journal form to record the transactions, and close all returns, allowances and discounts assuming the perpetual inventory system is used