Accounting for Purchases and Accounts - Identifying journals used to record purchases and related transactions, The following transetions took place at Extreme Road Bikes. Indicate the general ledger arofen numbers that would be detaicd and eredited to record eachiransaction. TRANSACTIONS 1. Purchaved merchandise for $5,000 in cash. 2. Returned damaged merchandise to a supplier and received a credit memorandum for $400, 3. Purchased merchandise for $2,400 plus a freight charge of $275 : the supplier's invoice is pay. able in 30 days. 4. Issued a check for $800 to a supplier as payment on account. 5. Received an allowance for merchandise that was damaged but can be sold at a reduced price; the supplier's credit memorandum is for $400