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at meheducation.com/Tow/connect.html Check my work mode : This shows what is correct or Incorrect for the work you have comple Alled Merchandisers was organized on May 1. Macy Co. Is a major customer (buyer) of Alied fuelled products. 1 Allied mada its first and only purchase of Inventory for the parked on May ] for 1,909 waits at a price of 19 cash per walk (for a total cost of 60.090]. I Allied sold $80 of the wits is lovestory for $13 per usit (Invoice totals $6.548) to Mary Co. under erwill tom 7/10, w/to. The goodn cost Allied $4. 509. 7 Meey returna 5 with beyou're they did not fit the customer's maeda (Involes amounts Offaj. Allied replaces the walls, which cont fill, to its Inventory. I Micy dhoommen that Is clus are bolted it ar still of que pul, therefore, keeps the malta. Allled place a price reduction followintel and credits Beer's compuate receivable for fled to cooperate for I Allied retire parent free Beer for "mount ound on the kay $ purchain, payment In set of Exercise 4-5 Recording purchases, purchases returns, and purchases allowances LO P1 Prepare the appropriate journal entries for Macy Co. to record wuch of the May transactions. Macy by a neteller that uses the grows method and a perpetual inventory make it purchases these unit for reasks. of no entry Is required for a transactionevent, select "No Journal entry required" In the first account Sold " O Answer is not complete. 9000 00 00 001