IF TWO OR MORE ACCOUNTS ARE DEBITED OR CREDITED, PLEASE LIST THE ACCOUNTS IN ALPHABETICAL ORDER ON THAT SIDE. (e.g. for Dr. Cost of Goods Sold and Dr. Accounts Receivable, debit Accounts Receivable first then debit Cost of Goods Sold), STRICTLY ENFORCEDI Price Company is a merchandiser that started its operations on January 1, 2020. Price buys and sells one type of widget from a single supplier and uses weighted average method under a perpetual inventory system to record transactions Required: Record the following transactions incurred in January 2020 for Price round all the amounts to the nearest dollar January 6: Price buys 420 widgets at a price of $15 per unit from Philips with terms 3/10,n30. Account Debit Credit January 7: Price returns 3% of the goods purchased on January 5" to Philips Account Debit Credit January 9: Price sells 220 widgets to Kumbrell for $24 per unit with terms 245, 6/45 Account Debit Credit January 8: Kimbrall immediately returned 15 units because they were the wrong colour and the account of Kimbrall was credited for an appropriate amount. These units went back into Inventory Account Debit Credit January 10: Prics buys 85 widgets at a price of $16 per unit from Phillips with terme 3/10,n30 Account Debit Crudit January 14: Price pays Phillips for all purchases to date Account Debit Credit