Exercise 3. /The following selected transactions were completed by B.S.Company during February 2016: 1. Feb. 2: Purchased $17,500 of merchandise on account from the K.L. Company? 2. Feb. 8: Paid $300 cash, freight expenses on the February 2 purchase? 3. Feb. 12: Returned $2,000 of the merchandise purchased on February 2. ? 4. Feb.15: sold merchandise $ 2500 by check to the sailor CO. ? 5. Feb. 16: give allowances to sailor Co. $ 130 ? 6. Feb.18: Paid the rest of its debt by cash to the K.L. Company? Exercise 3. /The following selected transactions were completed by B.S.Company during February 2016: 1. Feb. 2: Purchased $17,500 of merchandise on account from the K.L. Company? 2. Feb. 8: Paid $300 cash, freight expenses on the February 2 purchase? 3. Feb. 12: Returned $2,000 of the merchandise purchased on February 2. ? 4. Feb.15: sold merchandise $ 2500 by check to the sailor CO. ? 5. Feb. 16: give allowances to sailor Co. $ 130 ? 6. Feb.18: Paid the rest of its debt by cash to the K.L. Company