Calming Creations Gift Shop uses a perpetual inventory system. Joumalize 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.) Click the icon to view the transactions.) Feb. 3. Purchased $2,700 of merchandise inventory on account under terms 2/10, 1/EOM and FOB shipping point Date Accounts Debit Credit Feb. 3 Feb. 7. Returned $800 of defective merchandise purchased on February 3. Date Accounts Debit Feb. 7 Credit Feb. 9: Paid freight bill of $500 on February 3 purchase. Date Accounts Debit Credit Feb. 9