Instructions: Prepare OynaCore Rotail for each situation given below. DynaCore uses a perpetual inventory system Oct. 5 Paid cash of $12,600 for operating expenses t the necessary general journal entries for the month of October for recorded in the previous period 9 Purchased merchandise for $22,000 on account. Credit terms: 3/10, n/30 12 Paid a freight bill of $110 for merchandise purchased on October 9 17 Paid for merchandise purchased on October 9. The company takes all discounts to which it is entitled Sold merchandise for $8,000 to Rattles Distribution on account. The cost of the merchandise soid was $3,200. Credit terms: 2/10, n/30 20 26 Issued a credit memo to Rattles Distribution for $300 for merchandise returned from the sale on October 20. The cost of the merchandise returned was $180