e.com/platform/mod/quiz/attempt.php?attempt-16865018page-7 enu Journalize Periodic Inventory Prepare the journal entries to record the following transactions for the Walbright Company using a periodic inventory system a. On June 2, Walbright purchased $280.000 of merchandise from the Ferway Co 3/15, n/30. of merchandise from the Ferway Company with terms b. On june 5, walbright returned $40,000 of the merchandise purchased on june 2. C. On June 13, Walbright paid the balance due to Ferway. General Journal Ref Description Debit Credit b. C. Cash