3. Record transactions using Journal entries: King Toot's music store sells musical instruments and other related merchandise to customers. The accountant for King Toot's observed the following transactions which occurred during October 2019. a. 10/2/19: Purchased merchandise inventory for $8,180 on account. b. 10/9/19: Paid $2,035 in cash to creditors on accounts payable. C. 10/17/19: Sold some of its merchandise inventory, with an original cost of $2,605, for $4,000 to customers. Of the $4,000 in sales, $250 worth was purchased by customers using cash. The remaining $3,750 was purchased by customers on account. (HINT: don't forget there will be two parts to record here-one part to record the sales revenue and one part to record the cost of the merchandise inventory sold). d. 10/25/19: Paid $230 in cash for October's utilities. e. 10/30/19: Received $2,740 in cash from customers as payment on their accounts receivable. Record all of the above transactions using journal entries. Assume King Toot's uses the following accounts: Cash, A/R, Inventory, A/P, Sales Revenue, Cost of Goods Sold (COGS), and Utilities Expense. Be sure to include the date and a brief description of the entry