III. Journalize the below transactions for Montrose Company during the month of May using the periodic inventory system. Consider adding HST. May 3. Purchased merchandise on account from Floyd Co., $4,000, terms FOB shipping point, 2/10, n/30, with prepaid transportation costs of $120 added to the invoice. 5. Purchased merchandise on account from Kramer Co., $8,500, terms FOB destination, 1/10, n/30. 6. Sold merchandise on account to C. F. Howell Co., list price $4,000, trade discount 30%, terms 2/10, n/30. 8. Purchased office supplies for cash, $150. 10. Returned merchandise purchased on May 5 from Kramer Co., $1,300. Paid Floyd Co. on account for purchase of May 3, less discount 14. Purchased merchandise for cash, $10,500, Paid Kramer Co. on account for purchase of May 5, less return of May 10 and discount. 16. Received cash on account from sale of May 6 to Mandell Co., less discount. 19. Sold merchandise on for cash $2,450 22. Sold merchandise on account to Conwell Co., $3,480, terms 2/10, n/30. 24. Sold merchandise for cash, $4,350. 25. Received merchandise returned by Conwell Co. from sale on May 22, $1,480. 13. 15