Exercise 4-4 (Algo) Purchasing transactions LO P1 Prepare journal entries to record the following transactions of Recycled Fashion retall store. Recycled Fashion uses a perpetual inventory system and the gross method. Mareh 3 purchased $1,270 of merehandine fron Greentiorld conpany uith credit terma of 2/15, n/60, invoice dated Karch 3. and ros shipping point. Marob 4 Paid $80 cash for shipping chargea on the Mareh 3 purchase. Mareh 5 Returned to Greenworld unacceptable marchandiae that had an invoice price of 5120. March 18 paid creenMorld for the Mareh 3 purchase, net of the discount and the returned merchandise. Mareh 19 Purchased $330 of merchandise from Peoplepirat corporation vith eredit cerma of 1/10, n/30, invoice dated kareh 19, and rou destination. Match 21 ktcer negotiations, received fron Peoplerirat a 530 allowase (for scuffed merehandise) hward the 5330 oved on the Karch 19 purchase. Kareh 29. Sent check to Peoplerirst paying fot the Mareh 19 purchase, net of the allovance and the discount. Journal entry worksheet 34567 Purchased $1,270 of merchandise from GreenWorld Company with credit terms of 215 , n60, invoice dated March 3, and FoB shipping point. Wtai Enter debits liefore oredits