Following are the merchandising transactions for Dollar Store.

Nov.1Dollar Store purchases merchandise for $2,500 on terms of 2/5, n/30, FOB shipping point, invoice dated November 1.5Dollar Store pays cash for the November 1 purchase.7Dollar Store discovers and returns $250 of defective merchandise purchased on November 1, and paid for on November 5, for a cash refund.10Dollar Store pays $125 cash for transportation costs for the November 1 purchase.13Dollar Store sells merchandise for $2,700 with terms n/30. The cost of the merchandise is $1,350.16Merchandise is returned to the Dollar Store from the November 13 transaction. The returned items are priced at $275 and cost $138; the items were not damaged and were returned to inventory.

Journalize the above merchandising transactions for theDollar Store assuming it uses a perpetual inventory system and the gross method.