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Consider the following transactions for RC Photo: - September 2 RC Photo Shop sold $44,700 of camera equipment on account, credit terms 3/15, n/EOM. -

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Consider the following transactions for RC Photo: - September 2 RC Photo Shop sold $44,700 of camera equipment on account, credit terms 3/15, n/EOM. - September 12 RC Photo Shop received a sales returns totaling $1,100 for damaged goods from the customer. - September 18 RC Photo Shop receives payment from the customer on the amount due, less the return and discount. Journalize the purchase transactions assuming RC Photo Shop uses the periodic inventory system

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