do?invoker s8takeAssign or assignment-take Print al entries using the periodic inventory system nstructions Chart of Accounts Journal The following selected transactions were completed by Air systems Company during January of the current year. Air systems Company uses the periodic inventory system. Jan. 2 Purchased $17,050 of merchandise on account, FOB shipping point, terms 2/15, n/30. Paid freight of $230 on the January 2 purchase. Returned $3,050 of the merchandise purchased on January 2. on account, $35,900, FoB destination, 1/10, N30. The cost of Sold merchandise merchandise sold was $24,400. Paid freight of s185 for the merchandise sold on January Paid for the purchase or January 2 less the return and discount. Received payment on account for the sale of January 13 less the dsoount. Journalize the entries to record the transactions of Air systems Company. Refer Do the chart or Aecounts for earr waratwv ovanow