John's Specialty Store uses a perpetual inventory system. The following are some inventory transactions for the month of May. 1. Johns purchased merchandise on account for $6,600. Freight charges of $1100 were paid in cash 2. John's returned some of the merchandise purchased in (1). The cost of the merchandise was $1,400 and John's account was credited by the supplier 3. Merchandise costing $3,600 was sold for $6,800 in cash. Required: Prepare the necessary journal entries to record these transactions. (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Record the merchandise purchased on account for $6,600. Note Enter do ta before credits ransaction General Journal Debit Credit