Journalize the following transactions that occurred in November 2018 for Colden's Awesome ParkColden's Awesome Park, assuming the perpetual inventory system is being used. No explanations are needed. Identify each accounts payable and accounts receivable with the vendor or customer name. Colden's Awesome Park estimates sales returns at the end of each month.

Nov. 4: Purchased merchandise inventory on account from Vancouver Company, $11,000. Terms 1 /10, n/EOM, FOB shipping point. Date Accounts Debit Credit Nov. 4 Nov. 6: Paid freight bill of $110 on November 4 purchase Date Accounts Debit Credit Nov. 6 Nov. 8: Returned half of the inventory purchased on November 4 from Vancouver Company. Date Accounts Debit Credit Nov. 8 Nov. 10: Sold merchandise inventory for cash, $1,700. Cost of goods, S680. FOB destination Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step Date Accounts Debit Credit Nov. 10 Now journalize the expense related to the November 10 sale-Cost of goods, $680 Date Accounts Debit Credit Nov. 10