John's Specialty Store uses a perpetual inventory system. The following are some inventory transactions for the month of May 1 John's 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 $1400 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 ansaction ist Journal entry worksheet 2 3 Record the merchandise purchased on account for $6,000 Del