Aurchase related transactions tsing perpetual inventory system The following selected transactions were completed by Niles Co. during March of the curtent vear: involce. 5. Purchased merchandise from Whitman Co2,$14,321, terms Foe destinabion, N/eom. 10, Paid Has Ca. for invoice of March 1. 13. Purchased merchandise from Jost Co., $13,950, terms FOB destination, 2/10,n/30. 14. Issued debit memo to Jost Co. for merchandise with an invoice amount of 54,500 returned from purchase on Manch 13. 18. Purchased merchandise from Fairhurst Company, $28,720, terms FOB shipping point, n/eom. 18. Paid freight of $375 on March 18 purchase from Faimurst Company. 19. Purchased merchandise from Bickle Co., $21,800, terms fOB destination, 2/10, N/30. 23. Paid Jost Co. for invoice of March 13, less debit memo of March 14. 29. Paid Bickle Co. for invoice of March 19. 31. Paid Fairhurst Company for invoice of March 18. 31. Paid Whitman Co. for invoice of March 5. Required: Journalize the entries to record the transactions of Niles Co. for March. If an amount box does not require an entry, leave it blank. Joumalize the entries to record the transactions of Niles Ca. for March. If an amount box does not requife an entry, leave it blai