Howie Jewelers uses a perpetual inventory system and had the following purchase transactions. Journalize all necessary tansactions. Explanations are not required. (Click the icon to view the transactions.) Journalize all necessary transactions in the order they are presented in the transaction list. (Record debits first, then credits. Exclude explanations from journal entries. Round all numbers to the nearest whole dollar.) More Info Jun. 20 Purchased inventory of 55,100 on account from Sanders Diamonds, a jewelry imprter. Terms were 2/15, n/45. FOB shipping point. 20 Paid freight charges, S400. 4 Returned $600 of inventory to Sanders. 14 Paid Sanders Diamonds, less return. 16 Purchased inventory of 33,500 on account from Southboro Diamonds Jul. a jewelry importer. Terms were 2/10, nEOM, FOB destination. 18 Received a 5300 allowance from Southboro for damaged but usable goods. 24 Paid Southboro Diamonds, less allowance and discount. Print Done