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Purchase-related transactions using perpetual Inventory system The following selected transactions were completed by Niles Co. during March of the current year. Niles Co. uses the net method under a perpetual Inventory system. Mar. 1. Purchased merchandise from Haas Co., 543,250, terms FOB shipping point, 2/10, 1/com. Prepaid freight of $650 was added to the invoice. 5. Purchased merchandise from Whitman Co., $19,175, terms FOB destination, 1/30 10. Pald Haas Co. for invoice of March 1. 13. Purchased merchandise from Jost Co., $15,550, terms FOB destination, 2/10, 1/30. 14. Issued debit memo to Jost Co. for merchandise with an invoice amount of $3,750 returned from purchase on March 18. Purchased merchandise from Fairburst Company, $13,560, terms FOB shipping point, Veom. 18. Paid freight of $140 on March 18 purchase from Fairhurst Company 19. Purchased merchandise from Bickle Co., $6,500, terms FOB destination, 2/10, 1/30 23. Pald Jost Co. for invoice of March 13, less debit memo of March 14. 29. Pald Bickle Co. for invoice of March 19. 31. Paid Fairhurst Company for invoice of March 18. 31. Paid Whitman Co. for invoice of March 5. Required: Joumalize the entries to record the transactions of Niles Co. for March If an amount box does not require an entry, leave it blank. Max 1 Inventory Accounts Payable-Haas Co. Mar 5 Inventory 19,175 Check My Work Previous Next All work saved Email Instructor Save and Et Submit Assignment for Grad Required: S of Niles con for March. Journalize the entries to record the transactions of Niles Co. for March. If an amount box does not require an entry, leave it blank. Mar.1 Inventoryv Accounts Payable-Haas Co. V Mar 5 Inventory v Accounts Payable-Whitman Co. V Mar. 10 Accounts Payable-Haas Co.v Cash Mar: 13| Inventory | Accounts Payable-Jost Co. 000000000001 000 0000000 Mar. 14 Accounts Payable-Jost Co.v Inventory Mar. 18 Inventory v Accounts Payable-Fairhurst Company Mar. 18 Inventory v Cash Mar. 19 Inventory v Check My Work All work saved. Accounts Payable-Jost Co. Mar. 14 Accounts Payable-Jost Co. Inventory Mar. 18 Inventory Accounts Payable-Fairhurst Company Mar. 18 Inventory Cash Mar. 19 Inventory Accounts Payable-Bickle Co. I II II II II II II II DO vl ob di DI V II II 00 Mar. 23 Accounts Payable-Jost Co. Cash Mar 29 Accounts Payable-Bickle Co. Cash Mar 31 Accounts Payable-Fairhurst Company Cash Mar 31 Accounts Payable-Whitman Co. Cash Check My Work All work saved