journal entries. Assume the compary recorts sales at the net arnount.) 1. (Click the icon to view the trantoctions.) Purchased merchandise inventory on account from Silton Wholesalers, $3,500. Terms Sep. 33/15,n/EOM,FOB shipping point. Sep. 4 Paid freight bill of $60 on September 3 purchase. Sep. 4 Purchase merchandise inventory for cash of $1,700. Sep. 6 Returned $400 of inventory from September 3 purchase. Sold merchandise inventory to Hermosa Company, $6,200, on account. Terms 2/15, Sep. 8n/35. Cost of goods, $2,790. Sep. Purchased merchandise inventory on account from Taylor Wholesalers, \$6,50.0. Terms Sep. 9 Made payment to Silton Wholesalers for groods purchased on September 3, less return Sep. 10 and discount. Sep. 12 Received payment from Hermosa Company, less discount. Sep. 13 After negotiations, received a $200 allowance from Taylor Wholesalers. Sep. 15 Cost of goods, $1,240. Sep. 22 September 9. Sep. 23 goods, $240. Sold merchandise inventory to Salter for $1,500 on account that cost $660. Terrms of Sep. 25 added to the invoice for which cash was paid by Purple Haze. Sep. 29 Received payment from Salter, less discount. Sep. 30 Received payment from Jeeves Company, less return