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Following are the merchandising transactions of Dollar Store. Novenber 1 Dollar Store purchases nerchandise for $2,600 on terms of 2/5, n/30, pos shipping point, invoice

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Following are the merchandising transactions of Dollar Store. Novenber 1 Dollar Store purchases nerchandise for $2,600 on terms of 2/5, n/30, pos shipping point, invoice dated November 1. Novenber 5 Dollar Store pays cash for the Novenber I purchane. Novenber 7 Dollar store discovera and returne $100 of defective merchandise parchaned on Novenber 1 , and paid tor on November 5, for a cash refand. Nove-ber 10 Dollar Store pays $130 canh for transportation coste for the Novenber 1 purchase. Novenber 13 Dollar store aells merchandise for $2,809 with terms n/30. The cost of the merchandise in $1,404. November 16 Merchandise is returned to the Dollar store fron the Novenber 13 transaction. The returned itema are priced at $255 and cost $128; the itens were not damaged and were returned to inventory. Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method. Journal entry worksheet \begin{tabular}{lllllll} 2 & 3 & 4 & 5 & 6 & 7 & 8 \end{tabular} Dollar Store purchases merchandise for $2,600 on terms of 2/5,n/30,FOB shipping point, invoice dated November 1. Note: Enter debits before credits

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