3.Journalize each of the following transactions assuming a perpetual Inventory system (Purchase Transactions)7 marks

Feb 1Purchased $17,000 of merchandise inventory : terms 1/10, n/30.

5Purchased for cash $8,200 of merchandise inventory.

6.Purchased $22,000 of merchandise inventory: terms 2/15, n/45

9.Purchased $1,900 of office supplies: terms n/15

10.Contacted a major supplier to place an order for $200,000 of merchandise in exchange

For a 30% trade discount to be shipped on April 1 FOB destination.

11.Paid for the merchandise purchased on February 1.

24.Paid for the office supplies purchased on February 9.