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A company has the following transactions during March March 3 Purchases inventory on account for $3,760, terms 2/10,n/30. March 5 Pays freight costs of $210

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A company has the following transactions during March March 3 Purchases inventory on account for $3,760, terms 2/10,n/30. March 5 Pays freight costs of $210 on inventory purchased on March 3. March 6 Returns inventory with a cost of $500. March 12 Pays the full amount due on March 3 purchase. March 29 Sells all inventory purchased on March 3 (1ess those returned on March 6) for $5,700 on account. Record all transactions, assuming the company uses a perpetual inventory system. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet (1) 2 3 4 5 Sells all inventory purchased on March 3 (less those returned on March 6) for $5,700 on account. Record cost of inventory sold. Note: Enter debits before credits

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