A company has the following transactions during March Mareh 3 Purchases inventory on account for 53,200, terms 6/10, 1/30. March 5 Pays freight costs of $250 on Inventory purchased on March 3. March 6 Returns inventory with a cost of $800. March 12 Pays the full amount due on March 3 purchase. March 29 sells all inventory purchased on March 3 (less those returned on March 6) for $5,600 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.) View transaction list Journal entry worksheet 1 5 > Record the purchase of inventory on account for $3,200, terms $4/10, 1/30 Note: Enter debits before credits Date General Journal Debit Credit March 03 Record entry Clear entry View general journal DS 8 S % 5 7 9 8 6 2 3 4 0 E Y R. T