3. Journalize the payment on October 1, 2010, round numbers to the nearest whole dollar. required. Feb. 3 earning Objective 2 July 24 Merch Inv. 590 16 E5-17 Journalizing purchase transactions Hartford Jewelers had the following purchase transactions. Journalize all necessary transactions. Explanations are not required. Jun 20 Purchased inventory of $5,400 on account from Surry Diamonds, a jewelry importer. Terms were 3/15, 1/45, FOB shipping point 20 Paid freight charges, $300 Jul. 4 Returned $900 of inventory to Surry, 14 Paid Surry Diamonds, less return. Purchased inventory of $3,800 on account from Swift Diamonds, a jewelry importer. Terms were 3/10, VEOM, FOB destination. 18 Received a $800 allowance from Swift for damaged but usable goods. Paid Swift Diamonds, less allowance and discount. 16 24