Journal Entries for Purchase, Return, and Remittance-Perpetual System

On May 15, the Monique Company purchased $35,000 of merchandise from the Terrell Company, with terms of 1/10, n/30. On May 17, Monique paid $360 to Swift Trucking Company for freight on the shipment. On May 20, Monique Company returned $1000 of merchandise for credit. Final payment was made to Terrell on May 24. Monique Company records purchases using the perpetual inventory system.

Required Prepare the journal entries that Monique Company should make on May 15, 17, 20 and 24.