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Prepare journal entries that Sydney Retailing (buyer) records for these three transactions. Journal entry worksheet Sydney accepts delivery of $28,500 of merchandise it purchases for resale from Troy: invoice dated May 11 , terms 3/10, n/90, FOB shipping point. The goods cost Troy $19,095. Record Sydney's entry for this transaction. Note: Enter debits before credits. Prepare journal entries that Troy Wholesalers (seller) records for these three transactions. Journal entry worksheet 5 Sydney accepts delivery of $28,500 of merchandise it purchases for resale from Troy: invoice dated May 11 , terms 3/10,n/90, FOB shipping point. The goods cost Troy $19,095. Record Troy's entry for this transaction. Note: Enter debits before credits. Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions. May 11 Sydney accepts delivery of $28,500 of merchandise it purchases for resale from Troy: 1nvoice dated May 11 , terns 3/10,n/90, FOB shipping point. The goods cost Troy $19,095. Sydney pays $655 cash to Express Shipping for delivery charges on the nerchandise. May 12 Sydney returns $1,500 of the $28,500 of goods to Troy, who receives then the same day and restores then to 1 ts inventory. The returned goods had cost Troy $1,005. May 20 Sydney pays Troy for the anount owed. Troy receives the cash innediately. (Both Sydney and Troy use a perpetual inventory system and the gross method) 1. Prepare journal entries that Sydney Retalling (buyer) records for these three transactions. 2. Prepare journal entries that Troy Wholesalers (selier) records for these three transactions. Complete this question by entering your answers in the tabs below. Prepare journat entries that Sydney Retailing (buyer) records for these three transactions. Journal entry worksheet