Grooving Giving Gift Shop uses a perpetual inventory system. Journalize the following transactions for Grooving Giving Gift Shop. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. Assume the company recordw sales at the net amount. Round all numbers to the nearest whole dollar.)

Transactions February 3. Purchased 52.500 of inventory on account under termn 1/10, nEOM and FOB shipping point. Transactions Abnuary 7: Relurned 5400 of defective frerchandise purchased on February 3 February of poid freight bet of ssoo on February a purchase. Fobinary 10- Sold livensocy on escount for 54,100. Payment lerms were 215, N30. Thete goods cost the compscy 52.050. Pegin by preparing the enty to journation Ene nale potion of the transwcton. Do not recond the expense matod la the sale. We wil da that in the following stop. Transactions eOM and FCB stipping point. Now joumatite the expenwe intated to the Fobrary 10 saie-Cost of goods, 32,660 . Fobruary 7 . Returned 3400 of delective merchandse purchaned on Februay February 9 Paid freight bill of 5500 on february 3 purchase. February 10 5old itrentory on acoourt tor 54,100 . Fapment iermis were 2/15. Nold. These goods cost the sompany 32.050. February 12 Paid amaut owed on crede purchase of Fobruary 3, tess the retum and the docoure. payment of their accoust. Now journalue the expense related ta the February 10 swle-Cost of poods, $2060. Transactions Fobnary 12. Paid anount owed on crndt purchase of Fobsiary 3. less the retum and the dacount. Febnuary 3 Puruased $2,600 of invertory on account under teme 1/10, FEOM and FOE shipping point. February 7: Roturned 1400 of delective merthendise purchased on February February 9 Paid fright bat of 5500 on Fothary 3 purchate. February to 5 Sod inventary on secourt for 4,100 . Payment inms were 2it5. Who. These goeds cost the combany 32.060. Febnary 12 flad anouct ownd on oredt purchate of Fobnary 3, less the Fham and the discoure. February 2A-Rechived cast from Fetruary to fon the customer in ful poymest of they atcount. February 28 fleceived cash from Februacy 10 foom the astomer in 6a