Fox Creek Wholesale Distributor made the following transactions in year 2. Record all the transactions in general journal form. July 8th Bought inventory on account from Fountain Mfg. company for $88,200.00. terms 1.5/15, net 45. July 10th Paid $410 to Speed Demon Transport for shipping charges for inventory we are acquiring July 13th Sold merchandise on acct. to Alixx Co. for $20,000. All on account sales are with terms 1/10, net 30. This merchandise cost us $12,000. July 16th Fountain Mfg. company issued us a 800.00 credit memo related to our purchase made on July 8th. July 17th Sold merchandise on acct. to Tyrone Sports Co. for $29,600. This merchandise cost us 17,300. July 19th Fully paid what is owed to Fountain Mfg. July 20th Alixx Co. returned 1/4th of what they purchased on the 13th. July 21st Alixx Co. fully paid what they owe us. July 30th Tyrone Sports fully paid what they owe us.