Described below are certain transactions of Sweet Corporation. The company uses the periodic inventory system. 1. On February 2 , the corporation purchased goods from Indigo Company for $76,500 subject to cash discount terms of 2/10, n/30. Purchases and accounts payable are recorded by the corporation at net amounts after cash discounts. The imvoice was paid on February 26. 2. On April 1, the corporation bought a truck for $48,000 from Sheridan Motors Company, paying $4,000 in cash and signing a 1-year, 10% note for the balance of the purchase price. 3. On May 1, the corporation borrowed $76,300 from Chicago National Bank by signing a $86,140 zero-interest-bearing note due 1 year from May 1. (a) Make all the journal entries necessary to record the transactions above using approperiate dates. Of no entry is requilred, select "No Entry" for the eccount titles ond enter Ofor the amounts. Credit occount tieles are dutomatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries. Record journal entries in the order presented in the problem. List all detit entries before cutdit entries