B F Calming Creations Gift Shop uses a perpetual inventory system. Journalize the following transactions for Calming Creations Gift Shop. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. Assume the company records sales at the net amount. Round all numbers to the nearest whole dollar.) i (Click the icon to view the transactions.) More info Feb. 3 Feb. 7 Feb. 9 Feb. 10 Purchased $3,000 of merchandise inventory on account under terms 3/10, n/EOM and FOB shipping point from Shivon's Jewels. Returned $800 of defective merchandise purchased on February 3. Paid freight bill of $300 on February 3 purchase. Sold merchandise inventory on account for $4,200 to Talum Forest. Payment terms were 1/15, n/30. These goods cost the company $2,100. Feb. 12 Paid amount owed on credit purchase of February 3, less the return and the discount. Feb. 28 Received cash from Talum Forest in full settlement of their debt. Print Done - X /30. These goods cost the company $2,100. elated to the sale. We will do that in the following step.