Chp 5 Makeup Hmwk eBook Calculator Purchase-Related Transactions Using Periodic Inventory System Selected transactions for Niles Co. during March of the current year are shown below. Mar. 1. Purchased merchandise from Haas Co., $13,250, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $650 was added to the invoice. 5. Purchased merchandise from Whitman Co., $19,175, terms FOB destination, n/30. 10. Paid Haas Co. for invoice of March 1. 13. Purchased merchandise from Jost Co., $15,550, terms FOB destination, 2/10, 1/30. 14. Issued debit memo to Jost Co. for merchandise with an invoice amount of $3,750 returned from purchase on March 13. 18. Purchased merchandise from Fairhurst Company, $13,560, terms FOB shipping point, /eom. 18. Pald freight of $140 on March 18 purchase from Fairhurst Company. 19. Purchased merchandise from Bickle Co., $6,500, terms FOB destination, 2/10, 1/30. 23. Pald Jost Co. for invoice of March 13, less debit memo of March 14. 29. Paid Bickle Co. for invoice of March 19. 31. Paid Fairhurst Company for invoice of March 18. 31. Paid Whitman Co. for invoice of March 5. Required: Journalize the entries to record the transactions of Niles Co. for March using the periodic inventory system. If an amount box does not require an entry, leave it blank If an amount box does not require an entry, leave it blank. Mar. 1 Mar. 5 Mar. 10 J001 II III II II THII II III II ION Mar. 13 Mar. 14 Mar. 18 5 Makeup AIWK CUVUN Mar. 18 Mar. 19 Mar. 23 Mar. 29 Mar 31 ARA Mar. 31