Journalize the following transactions that occurred in September 2016 for Red Hawk, 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. (Record debits first, then credits. Exclu (Click the icon to view the transactions.) Sep. 3: Purchased merchandise inventory on account from Sharpner Wholesalers, $4.500. Terms 3/15, n/EOM, FOB shipping point. Date Accounts Debit Credit Sep. 3 - X i More Info Sep 3 Purchased merchandise inventory on account from Sharpner Wholesalers, $4,500. Terms 3/15. n/EOM, FOB shipping point. 4 Paid freight bill of $80 on September 3 purchase. 4 Purchase merchandise inventory for cash of $2.100. 6 Returned $700 of inventory from September 3 purchase 8 Sold merchandise inventory to Hillis Company. $5.700. on account. Terms 2/15, n/35. Cost of goods. $2.451. 9 Purchased merchandise inventory on account from Teaton Wholesalers. $10.500. Terms 2/10, n/30, FOB destination. 10 Made payment to Sharpner Wholesalers for goods purchased on September 3, less return and discount. 12 Received payment from Hillis Company, less discount. 13 After negotiations, received a $400 allowance from Teaton Wholesalers. 15 Sold merchandise inventory to Jerome Company. S3,400, on account. Terms 2/10. n/EOM. Cost of goods, $1,598. 22 Made payment, less allowance, to Teaton Wholesalers for goods purchased on September 23 Jerome Company returned $600 of the merchandise sold on September 15. Cost of goods, 3282 25 Sold merchandise inventory to Secker for $2,000 on account that cost $740 Terms of 3/10. n/30 were offered, FOB shipping point. As a courtesy to Secker, $45 of freight was added to the invoice for which cash was paid by Red Hawk. 28 After negotiations, granted a $100 allowance to Secker for merchandise purchased on September 25. 29 Received payment from Secker, less allowance and discount. 30 Received payment from Jerome Company, less return. Print Done Choose from any list or enter any number in the input fields and then click Check