Based on the information below, prepare the journal entry for 08/05:

A merchandiser, following the perpetual inventory system, has the following transactions during August, 2019 Date Aug. 5 Aug. 9 Aug. 10 Aug. 15 Transaction Purchased inventory on account Paid for transportation of goods purchased Returned defective merchandise to the seller Paid for goods purchased on August 5 Amount $ 300,000 25,000 20,000 ? Credit terms of invoice are 2/15, n/45. Prepare journal entries for the above transactions. Omit explanations