%55 () .))) see -9 QJJSJV'L,'\"-'in A Introduction to Accounting 2 Assignment 1 - Konkord is merchandising company that uses perpetual inventory system. - The following events occurred on March 2018. - March 3% the company sold goods for $30,000 cash their cost were $10,000 (FOB Destination) - The freight costs were $100 - March 6" the company purchased goods for $25,000. (3/10,n/30) (FOB Destination). - The freight costs were $150. - March 9* the company returned goods of $3,000 to the supplier. - March 12" the company sold goods for $50,000 (costing $12,500) (2/10,n/30) (FOB Destination). - March 15" the company returned goods of $1,000 to the supplier. - March 17" the company got back goods of that they sold for $6,000 (costing $1.500). - March 18" the company paid for the goods they purchased on March 6%, - March 21* the company received money for the goods they sold on March 12%. - March 23" the company purchased goods for $10,000 cash. (FOB Shipping Point) - The freight costs were $30. - Note: all freight costs are in cash. - Required: prepare all necessary journal entries for each date. Good Luck 8|Page