KKEEPING LEVEL 2-MERCHAN SES 6 The following are selected transactions related to Purchases o DISING AND ADJUSTING ENTRIES f the Hauss of Super Goods for and February. 2007 Cash purchase of merchandise from Gemini Trading, P15,000. Returned merchandise to Gemini Trading, P400. A cash refund was received therefor Bought merchandise on account from AR Purchased merchandise on NOLD'S P16,500: 3/10, 2/15, n/45. 10 account from JC Commercial, PS,000; 2/10, 1/15, n/30. Returned merchandise to ARNOLD'S, P1,500. 12 Returned merchandise to Asian Trading, Pl.000. 4 Bought merchandise on account 15 i from Rizal Marketing, P20,000; 2/10, 1/15, n/3 Received an allowance of P300 for defective merchandise from JC Commerci 7 Paid the account of ARNOLD's 0 Paid Asian Trading with the amount due them. 4 Paid the account of JC Commercial. Purchased merchandise on account from Navarro's 28 Purchased merchandise on account from Catalina's 29 Received an allowance from Navarro's Textiles, P200 Textiles, P10,000; 2/10, EOM, n/30. n/30. Paid the account of Rizal Marketing. Sports Club, P13,000; 2/10, 1/15, EOM 30 Feb 9 Paid the account of Navarro's Textiles Paid the account of Catalina's Sport Club. Required: 1. Journalize the selected transactions and events of the Hauss of Super Goods. The chart of accounts of the firm provided for the following accounts, among others: Cash Accounts Payable Purchases Purchase Returns Purchase Allowances Purchase Disocunts Support your entries with computations in good form where necessary