A company has using the perpetual inventory system has recorded the following journal entries in March 2021. (a) Mar 1 Cash 15,000 Accounts Receivable 15,000 (To record receipt of payment on account on sales to TST Company. TST paid within the credit terms n/30)) 3,900 (b) Mar 2 Inventory Accounts Payable 3,900 (To record goods purchased on account, terms 2/10, n/30) (c) Mar 2 Freight In 125 Cash 125 (To record payment of freight on goods purchased on Mar 2, FOB shipping point) (d) Mar 8 Accounts Payable 300 Purchase Returns and Allowances (f) Mar Accounts Payable 1,950 15 Cash 1,950 (To record payment for goods purchased in February-no discount taken) (9) Mar Freight Out 31 225 Cash 225 (To record freight costs on sales to customer shipped FOB shipping point) (h) Mar Sales 31 428 Accounts Receivable 428 (To record return of goods sold to BBB Company on account) Indicate if the journal entry is correct or not and if it incorrect, state why and what the correction shou Short point form answers are recommended