BE5-5 (LO 2) Prepare the journal entries to record the following purchase transactions in Xtra Inc.'s books. Xtra uses a perpetual inventory system. Jan. 2 Xtra purchased goods for $45,000 from Fundy Corp., terms n/45, FOB destination. 5 The appropriate company paid freight costs of $900. 6 Xtra returned $6,000 of the goods purchased on January 2, because they were not needed. 11 Xtra paid the balance owed to Fundy. Record sales transactions