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5-20 (similar to) Question Help Hillman Jewelers uses a perpetual inventory system and had the following purchase transactions. Journalize all necessary transactions. Explanations are not

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5-20 (similar to) Question Help Hillman Jewelers uses a perpetual inventory system and had the following purchase transactions. Journalize all necessary transactions. Explanations are not required. (Click the icon to view the transactions) Joumalize all necessary transactions in the order they are presented in the transaction list (Record debits first, then credits. Exclude explanations from journal entries Round all numbers to the nearest whole dollar) Jun 20 Purchased inventory of $5,700 on account from Slater Diamonds a jewelry importer Terms were 3/15, 1/45, FOB shipping point Date Accounts Debit Credit Jun 20 action ist Record debits first then credits. Exclude expla . point. More Info - Jun. Jul 20 Purchased inventory of $5,700 on account from Slater Diamonds, a jewelry importer. Terms were 3/15, n/45, FOB shipping point. 20 Paid freight charges, $500. 4 Returned $800 of inventory to Slater. 14 Paid Slater Diamonds, less return 16 Purchased inventory of $3,800 on account from Sanders Diamonds, a jewelry importer. Terms were 3/10, n/EOM, FOB destination 18 Received a $600 allowance from Sanders for damaged but usable goods 24 Paid Sanders Diamonds, less allowance and discount. Print Done

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