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Journalize the following Transactions. structions ar: Nov. 3Purchased merchandise on account from Moonlight Co., list price $88,00o, trade discount 20%, terms FOB destination, 2/ 10,

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Journalize the following Transactions.
structions ar: Nov. 3Purchased merchandise on account from Moonlight Co., list price $88,00o, trade discount 20%, terms FOB destination, 2/ 10, n/30. Sold merchandise for cash, $41,250. The cost of the merchandise sold was $22,250. 4 5 Purchased merchandise on account from Papoose Creek Co, $43.700, terms FOB shipping point, 2/10, n/30, with prepaid freight of $840 added to the 6 Returned $13,600 ($17,000 list price less trade discount of 20%) of merchandise purchased on November 3 from Moonlight Co. 8 Sold merchandise on account to Quinn Co, $16,100 with terms n/15. The cost of the merchandise sold was $9.440

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