November 2 The company purchosed 54,200 of merchandtse on credit froe the Midland Cotpany, terms 2/10, N/30. Noveber 12 The owner, T. Biloxi, contributed an autonoblle worth $33, poe to the conpany. Noveaber 16 The compary sold $2, b0a of merchandise (cost is $1,120 ) on credit to K. Hyer, terms n/39. November 19 Bjloxi granted K. Nyer an allowance. (price reduction) of 5335 for merchandise sold on November 16 . Biloxi credited accounts recelvable for that atiount. Jouinalize transactions that should be recorded in the general journal. identify the journal where each of the following transactions should be recorded Complete this question by entering your answers in the tabs below. Journalize transactions that should be recorded in the general journal. Note: If the transaction is not recorded in the general journal, select "Not recorded in general joumal" in the first account field. Journal entry worksheet 4 The company purchased $4,200 of merchandise on credit from the Midland Company, terms 2/10,n/30. Noter Entar debite belere credes