Journalize the following transactions that occurred in March 2018 for Durham Company. Assume Durham uses the periodic inventory system. No explanations are needed. Identify each accounts payable and accounts receivable with the vendor or customer name. Durham estimates sales returns at the end of each month. (Record debits first, then credits. Exclude explanations from journal entries. Assume the company records sales at the net amount) (Click the icon to view the transactions.) Mar. 3. Purchased merchandise inventory on account from Shue Wholesalers, $4,000. Terms 3/15, nEOM, FOB shipping point. Date Accounts Debit Credit Mar 3 0 More Info - Mar. 4: Paid freight bill of $60 on March 3 purchase. Date Accounts X Debit Credit Crea Mar. 4 Mar. 3 4 4 6 8 Mar. 4. Purchase merchandise inventory for cash of $1,900 Date Accounts Debit Credit 9 Mar. 4 10 12 Purchased merchandise inventory on account from Shue Wholesalers, $4.000 Terms 3/15, n/EOM, FOB shipping point. Paid freight bill of $60 on March 3 purchase Purchased merchandise inventory for cash of $1,900. Returned $200 of inventory from March 3 purchase. Sold merchandise inventory to Herenda Company, $4,400, on account. Terms 1/15, n/35. Purchased merchandise inventory on account from Tripp Wholesalers, $5,400. Terms 2/10,n/30, FOB destination. Made payment to Shue Wholesalers for goods purchased on March 3, less return and discount. Received payment from Herenda Company, less discount. After negotiations, received a $200 allowance from Tripp Wholesalers. Sold merchandise inventory to Jeeves Company, $2,200, on account. Terms n/EOM Made payment, less allowance, to Tripp Wholesalers for goods purchased on March 9. Jeeves Company returned $100 of the merchandise sold on March 15. Sold merchandise inventory to Sundun for $650 on account. Terms of 1/10, 1/30 were offered, FOB shipping point. Received payment from Sundun, less discount. Received payment from Jeeves Company, less return. 13 Mar. 8: Returned $200 of inventory from March 3 purchase. Date Accounts Debit Credit Mar. 6 23 25 29 30 Mar. 8: Sold merchandise inventory to Herenda Company, $4,400, on account. Terms 1/15 n/35 Date Accounts Debit Credit Mar. 8 Print Done Mar. 9: Purchased merchandise inventory on account from Tripp Wholesalers, $5,400. Terms 2/10, n/30, FOB destination Date Accounts Debit Credit Mar. 9 Mar. 10: Made payment to Shue Wholesalers for goods purchased on March 3, less return and discount. Date Accounts Debit Credit Mar. 10 Mar. 12: Received payment from Herenda Company, less discount. Date Accounts Debit Credit Mar 12 Mar. 13. After negotiations, received a $200 allowance from Tripp Wholesalers Date Accounts Debit Credit Mar. 13 Mar. 15. Sold merchandise inventory to Jeeves Company, $2,200, on account. Terms n/EOM. Date Accounts Debit Credit Mar. 15 Mar 22: Made payment, less allowance, to Tripp Wholesalers for goods purchased on March 9. Date Accounts Debit Credit Mar 22 Mar 23: Jeeves Company returned $100 of the merchandise sold on March 15 Date Accounts Debit Credit Mar. 23 Mar. 25: Sold merchandise inventory to Sundun for $650 on account. Terms of 1/10, n/30 were offered, FOB shipping point. Date Accounts Debit Credit Mar. 25 Mar. 29: Received payment from Sundun, less discount. Date Accounts Credit Mar 29 Mar. 30: Received payment from Jeeves Company, less return Date Accounts Mar. 30 Credit Journalize the following transactions that occurred in March 2018 for Durham Company. Assume Durham uses the periodic inventory system. No explanations are needed. Identify each accounts payable and accounts receivable with the vendor or customer name. Durham estimates sales returns at the end of each month. (Record debits first, then credits. Exclude explanations from journal entries. Assume the company records sales at the net amount) (Click the icon to view the transactions.) Mar. 3. Purchased merchandise inventory on account from Shue Wholesalers, $4,000. Terms 3/15, nEOM, FOB shipping point. Date Accounts Debit Credit Mar 3 0 More Info - Mar. 4: Paid freight bill of $60 on March 3 purchase. Date Accounts X Debit Credit Crea Mar. 4 Mar. 3 4 4 6 8 Mar. 4. Purchase merchandise inventory for cash of $1,900 Date Accounts Debit Credit 9 Mar. 4 10 12 Purchased merchandise inventory on account from Shue Wholesalers, $4.000 Terms 3/15, n/EOM, FOB shipping point. Paid freight bill of $60 on March 3 purchase Purchased merchandise inventory for cash of $1,900. Returned $200 of inventory from March 3 purchase. Sold merchandise inventory to Herenda Company, $4,400, on account. Terms 1/15, n/35. Purchased merchandise inventory on account from Tripp Wholesalers, $5,400. Terms 2/10,n/30, FOB destination. Made payment to Shue Wholesalers for goods purchased on March 3, less return and discount. Received payment from Herenda Company, less discount. After negotiations, received a $200 allowance from Tripp Wholesalers. Sold merchandise inventory to Jeeves Company, $2,200, on account. Terms n/EOM Made payment, less allowance, to Tripp Wholesalers for goods purchased on March 9. Jeeves Company returned $100 of the merchandise sold on March 15. Sold merchandise inventory to Sundun for $650 on account. Terms of 1/10, 1/30 were offered, FOB shipping point. Received payment from Sundun, less discount. Received payment from Jeeves Company, less return. 13 Mar. 8: Returned $200 of inventory from March 3 purchase. Date Accounts Debit Credit Mar. 6 23 25 29 30 Mar. 8: Sold merchandise inventory to Herenda Company, $4,400, on account. Terms 1/15 n/35 Date Accounts Debit Credit Mar. 8 Print Done Mar. 9: Purchased merchandise inventory on account from Tripp Wholesalers, $5,400. Terms 2/10, n/30, FOB destination Date Accounts Debit Credit Mar. 9 Mar. 10: Made payment to Shue Wholesalers for goods purchased on March 3, less return and discount. Date Accounts Debit Credit Mar. 10 Mar. 12: Received payment from Herenda Company, less discount. Date Accounts Debit Credit Mar 12 Mar. 13. After negotiations, received a $200 allowance from Tripp Wholesalers Date Accounts Debit Credit Mar. 13 Mar. 15. Sold merchandise inventory to Jeeves Company, $2,200, on account. Terms n/EOM. Date Accounts Debit Credit Mar. 15 Mar 22: Made payment, less allowance, to Tripp Wholesalers for goods purchased on March 9. Date Accounts Debit Credit Mar 22 Mar 23: Jeeves Company returned $100 of the merchandise sold on March 15 Date Accounts Debit Credit Mar. 23 Mar. 25: Sold merchandise inventory to Sundun for $650 on account. Terms of 1/10, n/30 were offered, FOB shipping point. Date Accounts Debit Credit Mar. 25 Mar. 29: Received payment from Sundun, less discount. Date Accounts Credit Mar 29 Mar. 30: Received payment from Jeeves Company, less return Date Accounts Mar. 30 Credit