Journalize the following transactions that occurred in September 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 joumal 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, $5,000. Terms 3/15,n/EOM,FOB shipping point Sep. 3 Purchased merchandise inventory on account from Shallin Wholesalers, $5,000 Terms 3/15, n/EOM, FOB shipping point. Sep. 4 Paid freight bill of $70 on September 3 purchase. Sep. 4 Purchase merchandise inventory for cash of $2,400 Sep. 6 Retumed $1,200 of inventory from September 3 purchase: Sep. 8 Sold merchandise inventory to Hilton Company, $6,200, on account. Terms 3/15,n/35. Cost of goods, $2,852. Sep. 9 Purchased merchandise inventory on account from Taylor Wholesalers, $7,000 Terms 2/10,n/30, FOB destination. Sep. 10 Made payment to Shallin Wholesalers for goods purchased on September 3 , less return and discount. Sep. 12 Received payment from Hilton Company, less discount. Sep. 13 After negotiations, receivfdi a $250 allowance from Taylor Wholesalers. Sep. 15 Sold merchandise inventory to Julian Company, $3,300, on account. Terms N/EOM Cost of goods, $1,485 Sep. 22 Made payment, less allowance, to Taylor Wholesalers for goods purchased on September 9 Sep. 25 Sold merchandise inventory to Shelton for $1,500 on account that cost $660. Terms of 3/10,n/30 was offered, FOB shipping point. As a courtesy to Shelton, $75 of freight was added to the invoice for which cash was paid by Water Works. SeD. 29 Receivad navment from Sheltnn less disrnunt Sep. 12 Received payment from Hilton Company, less discount Sep. 13 After negotiations, received a $250 allowance from Taylor Wholesalers. Sep. 15 Sold merchandise inventory to Julian Company, $3,300, on account. Terms n/EOM Cost of goods, $1,485. Sep. 22 Made payment, less allowance, to Taylor Wholesalers for goods purchased on September 9. Sep. 25 Sold merchandise inventory to Shelton for $1,500 on account that cost $660. Terms of 3/10,n/30 was offered, FOB shipping point. As a courtesy to Sheltn, $75 of freight was added to the invoice for which cash was paid by Water Works. Sep. 29 Received payment from Shelton, less discount. Sep. 30 Received payment from Julian Company