Assume Andersons General Store bought, on credit, a truckload of merchandise from American Wholesaling costing $35,000. If the company was charged $770 in transportation cost by National Trucking, immediately returned goods to American Wholesaling costing $2,400, and then took advantage of American Wholesalings 2/10, n/30 purchase discount.

Prepare journal entries to record the inventory transactions, assuming Andersons uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)