More info Nov. 4 Purchased merchandise inventory on account from Valencia Company, $10,000. Terms 3/10, n/EOM, FOB shipping point. 6 Paid freight bill of $190 on November 4 purchase. 8 Returned half of the inventory purchased on November 4 from Valencia Company. 10 Sold merchandise inventory for cash, $1,800. Cost of goods, $720. FOB destination. 11 Sold merchandise inventory to Garrett Corporation, $10,500, on account. Terms 1/10,n/EOM. Cost of goods, $5,250. FOB shipping point. 12 Paid freight bill of $70 on November 10 sale. 13 Sold merchandise inventory to Cabbell Company for $8,800 on account, terms of 1/15,n/5. Cost of goods, $4,840. FOB shipping point. 14 Paid the amount owed on account from November 4 , less return and discount. 16 After negotiations, granted a $500 allowance to Garrett Corporation on November 11 sale. 17 Received defective inventory as a sales return from the November 13 sale, $100. Cost of goods, $55. 18 Purchased inventory of $4,600 on account from Russo Corporation. Payment terms were 3/10,n/30, FOB destination. 20 Received cash from Garrett Corporation, less allowance and discount. 26 Paid amount owed on account from November 18 , less discount. 28 Received cash from Cabbell Company, less return and discount. 29 Purchased inventory from Swift Corporation for cash, \$12,200, FOB shipping point. Freight in paid to shipping company. $180. Joumalize the foliowing transactions that occurred in November 2016 for Jars Water Worid, assuming the perpetual inventery system is being used. No explanations are needed. Identify each Click the icon to view the transactions