C Prepare journal entries to record the following transactions of Recycled Fashion retail store. Recycled Fashion uses a perpetual inventory system and the gross method. Mar. 3 Purchased $1,120 of merchandise from Greenworld Company with credit terms of 2/15, 1/60, Invoice dated March 3, and POB shipping point. 4 Paid $90 cash for shipping charges on the March 3 purchase. 5 Returned to Greenworld unacceptable merchandise that had an invoice price of $120. 18 Paid Green World for the March 3 purchase, net of the discount and the returned merchandise. 19 Purchased $740 of merchandise from PeopleFirst Corp. with credit terms of 1/10, n/30, invoice dated March 19. and FOB destination. 21 After negotiations, received from PeopleFirst a $40 allowance (for seutfed merchandise) toward the $740 owed on the March 19 purchase. 29 Sent check to PeopleFirst paying for the March 19 purchase, net of the allowance and the discount. View transaction list Journal entry worksheet 1 2 5 6 7 > Purchased $1,120 of merchandise from Green World Company with credit terms of 2/15, 1/60, invoice dated March 3, and FOB shipping point. Note: Enter debits before credits. Date General Journal Debit Credit Mar 03 16 View transaction ist Journal entry worksheet Book Hind Paid $90 cash for shipping charges on the March 3 purchase Print Note: Enter debits before credits General Journal Debit Credit References Date Mar 04 Record entry Clear entry View general Journal Doints View transactional Journal entry worksheet eBook Journal entry worksheet Book 2 3 4 8 7 Purchased $740 of merchandise from PeopleFirst Corp. with credit terms of 1/10, 1/30, Invoice dated March 19, and FOB destination Print NoteEnter debits before credits General Journal Debit Credit References Date Mar 19 Clear entry View general Journal Record entry Next points Wow Journal entry worksheet Boo 2 3 4 5 7 Hint After negotiations, received from People Firsta $40 allowance (for scuffed merchandise) toward the $740 owed on the March 19 purchase Print Note: Enter debits before credits Date General Journal Debit Credit References Mar 21 View general Journal Record entry Clear entry Book Journal entry worksheet 2 1 3 4 5 6 > 8 Hint Sent check to PeopleFirst paying for the March 19 purchase, net of the allowance and the discount. Print Note: Enter debits before credits General Journal Debit Credit References Date Mar 29 Clear entry View general journal Record entry Next >