27.0 Point Question 1 of 10 Stellar Stores is a new company that started operations on March 1, 2014. The company has decided to use a perpetual inventory system. Record the following transaction. Use the following account titles: Accounts Payable, Accounts Receivable, Cash, Cost of Goods Sold, Freight In Freight Out, Merchandise Inventory, Sales, Sales Discount, Sales Returns and Allowances. Remember to enter ne if there is no entry in a blank. If there is more than one debit/credit account in a transaction, list them alphabetically. Put S before all dollar amounts. Do not use commas in dollar amounts. Mar. 1 Stellar Stores purchases $9000 of merchandise for resale from Octagon Wholesalers terms 2/10, n/30, FOB shipping point. Date Account Titles Debit Credit Octagon Wholesalers uses a perpetual inventory system. Mar. 1 Octagon's cost of the merchandise sold to Stellar was $3960. Date Account Titles Debit Credit