Dec. 2 Purchased merchandise inventory on credit from Trevor, $4,200. Terms were 3/10 n/30. Dec. 3 Paid monthly rent, debiting Rent Expense for $2,800. Dec. 5 Purchased office supplies on credit terms of 3/10 n/30 from Ross Supply, $400. Dec. 8 Received and paid electricity utility bill, $600. Dec. 9 Purchased equipment on account from Alright Equipment, $6,100. Payment terms were n/30. Dec. 10 Returned the equipment to Alright Equipment. It was damaged. Dec. 11 Paid Trevor the amount owed on the purchase of December 2. Dec. 12 Purchased merchandise inventory on account from Callahan Golf, $4,600. Terms were 2/10 n/30 Dec. 13 Purchased merchandise inventory for cash, $680. Dec. 14 Paid a semiannual insurance premium debiting Prepaid Insurance, $1,600. Dec. 16 Paid its account payable to Ross Supply, from December 5. Dec. 18 Received and paid gas and water utility bills, $100. Dec. 21 Purchased merchandise inventory on credit terms of 2/10, 1/45 from Dunnstable, Inc., $3,100. Dec. 21 Paid its account payable to Callahan Golf from December 12. Dec. 22 Purchased office supplies on account from Office Space,Inc., $200. Terms were 1/30. Dec, 26 Returned to Dunnstable, Inc. $1,100 of the merchandise inventory purchased on December 21. Dec. 31 Pald Dunnstable, Inc. the net amount owed from December 21, less the return on December 26. nyl but field Print Done X Data Table Number Account Number Account 111 Cash 181 131 211 Equipment Accounts Payable Rent Expense Utilities Expense Merchandise Inventory Prepaid Insurance Office Supplies 161 564 171 583 Print Done The general ledger of Finnish Lake Golf Shop includes the following selected accounts, along with their account number Click on the icon to view the accounts.) Transactions in December that affected purchases and cash payments follow Click on the icon to view the ansactions) Read the results Requirements 1. 2. 3. Finnish Lake of Shop records purchase returns in the general oumal. Use the appropriate jumal to record the actions in a purchases Journal, a cash payments journal omit the Chuck No column, and a gener jumal. The company is the perpetual nventory system. Total each column of the special our show that debits equal total credits in each special jumal. Show how powtrys would be made for the journals by writing the account numbers and check marks in the appropriate places in the journals Begin with the purchases journal.Enter the reactions and total the jumal of a box is not used in the jumaleve the boxerely do not let womation and do not enter a 20. Enter the column total is not posted. Atbreviation used Supp Supplies Asume al postings we made to the applicable ledgers) Vendor Account Credited Post Accounts Merchandise Office Ret. Payable CR Inventory DR Supp. DR Other Account DR Account Post Tide Rol Amount Date Terms Dec The general lege of Fish Lake Go Shop includes the following selected on wlong with their count number (Click on the moon to wew the count) Transactions in December that lected purchases and cash payments flow Click on the lon to view the transactions) Read the rest Show how total de credits Total Total credits Purchases mal Now complete the cash payments journal.Enter the transactions and total the journal of a box is noted in the jumal leave the box emply do not select information and do not enter a Enter the column total is not posted) Date Ne Account Debited Post Ret Other Accounts Merchandise Account DR Payable DR Inventory CR Dec Cash CR The general ledger of Finnish Lake Golf Shop includes the following selected accounts, wong with their account number (Click on loon to view the accounts) Transactions in December that affected purchases and cash payments follow. (Click on the icon to view the transactions) Read the rourements Tot debes Total credits Cash payments jumal Record the appropriate transactions in the general journal. Finnish Lake Golf Shop records purchase returns in the general journal Record debits first then credits. Select the explanation on the last line of the foumal Dec. 10: Retured the equipment to right Equipment. It was damaged Date Accounts and Explanation Post. Ref Debit Credit Dec 10 Dec. 26Retumed to Durstable, Inc. $1,100 of the merchandise inventory purchased on December 21 Date Accounts and Explanation Post. Ret Debit Dec. 28 Credit