Complete the journal entries by writing (not typing) the appropriate accounts and amounts in the journal for the following transactions that occurred in February 2018 for Oceanic. No explanations are needed. Identify each accounts payable and accounts receivable with the vendor or customer name (for example, "Accounts Payable-Silton") returns at the end of each month. . Oceanic estimates sales For freight costs, determine whether Oceanic is responsible for paying for the freight. If so, assume the freight bill was paid on the date of the purchase or sale and record the appropriate entry. Feb 3 Purchased merchandise inventory on account from Silton Wholesalers, $5,200. Terms 2/15, n/EOM, FOB shipping point. Freight bill was paid by the responsible party in cash for $70. 4 Purchased merchandise inventory for cash of $1,500 6 Returned $900 of inventory from February 3 purchase 8. Sold merchandise inventory to Herenda Company. S5.600 on account. Terms 315 n/35. FOB shipping point. Cost of goods. $2.352. Freight bill was paid by the responsible party in cash for $85 Purchased merchandise inventory on account from Teddy Wholesalers, $7,000. Terms 1/10, n/30, FOB destination. Freight bill was paid by the responsible party in cash for $100 Made payment to Silton Wholesalers for goods purchased on February 3 less return and discount (if appropriate) 9 10 12 Received payment from Herenda Company, less discount (if appropriate) 13 After negotiations, received a S500 allowance from Teddy Wholesalers 15 Sold merchandise inventory to Jordon Company, $3.400, on account. Terms nEON. FOB shipping point. Cost of goods, $1,496. Freight bill was paid by the responsible party in cash for $50. 22 Made payment, less allowance and discount (if appropriate) for goods purchased on February 9 23 Jordon Company returned $1,000 of the merchandise sold on February 15. Cost of oods, $440 25 Sold merchandise inventory to Smith for $1,700 on account. Terms 2/10, n/30, FOB point. Cost of goods, S663. Freight bill was paid by the responsible party in ipping cash for $70 27 Received payment from Smith, less discount (if appropriate) 28 Received payment from Jordon Company, less return