Journalize the following transactions that occurred in September 2018 for Water Works, 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. Water Works 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.) Sep 3: Purchased merchandise inventory on account from Shallin Wholesalers, 56,000. Terms 2/15, n/EOM, FOB shipping point. Date Accounts Debit Credit - X Sep 3 More Info Sep. Sep. 4: Paid freight bill of $70 on September 3 purchase. Date Accounts Debit Credit Sep. 4 Sep. 4: Purchase merchandise inventory for cash of $2,100. 3 Purchased merchandise inventory on account from Shallin Wholesalers, $6,000. Terms 2/15, n/EOM, FOB shipping point 4 Paid freight bill of $70 on September 3 purchase. 4 Purchase merchandise inventory for cash of $2,100. 6 Returned $900 of inventory from September 3 purchase. 8 Sold merchandise inventory to Hayes Company, $5,900, on account. Terms 2/15, n/35. Cost of goods, $2,596. 9 Purchased merchandise inventory on account from Tamara Wholesalers, $11,000. Terms 3/10, n/30, FOB destination. 10 Made payment to Shallin Wholesalers for goods purchased on September 3, less return and discount. 12 Received payment from Hayes Company, less discount. 13 After negotiations, received a $300 allowance from Tamara Wholesalers. 15 Sold merchandise inventory to Jordon Company, $2,900, on account. Terms n/EOM. Cost of goods, S1,392. 22 Made payment, less allowance, to Tamara Wholesalers for goods purchased on September 9. 23 Jordon Company returned $900 of the merchandise sold on September 15. Cost of goods, 5432 25 Sold merchandise inventory to Smithsons for $1,700 on account that cost $731. Terms of 1/10, n/30 was offered, FOB shipping point. As a courtesy to Smithsons, $45 of freight was added to the invoice for which cash was paid by Water Works. 29 Received payment from Smithsons, less discount. 30 Received payment from Jordon Company, less return. Date Accounts Debit Credit Sep.4 Sep. 6: Returned $900 of inventory from September 3 purchase. Date Accounts Debit Credit Sep. 6 Print Done