On May 11, 2023, Wilson Purchasing purchased $30,000 of merchandise from Hostel Sales; terms 3/10, n/90, FOB Hostel Sales. The cost of the goods to Hostel was $20,000. Wilson issued cheque #84 in the amount of $335 to pay Express Shipping Service for the delivery charges on the merchandise on May 11. On May 12, Wilson returned $1,200 of goods to Hostel Sales, which restored them to inventory. The returned goods had cost Hostel $800. On May 20, Wilson mailed cheque #85 to Hostel for the amount owed on that date. Hostel received and recorded the cheque on May 21. Required: 1. Record the transactions for Wilson Purchasing in a Purchases Journal, Cash Payments Journal, and General Journal as appropriate: assuming a periodic inventory system. (Enter the transactions in the order provided in the question.) WILSON PURCHASING Purchases Journal Date May 11 Account Credited Hostel Salos Date of Invoice Terms Accounts Payable Purchases Credit Debit Office Supplies Debit Other Accounts Debit May 11 3/10, n/90 30,000 30,000 Date Ch. No. Payee May 11 84 Express Shipping Service WILSON PURCHASING Cash Payments Journal Account Debited Cashi Credit Purchase Discount Credit Other Accts. Accts. Payable Debit Debit 335 Journal entry worksheet 1 Record the return of merchandise purchased. Note: Enter debits before credits Date May 12 General Journal Debit Credit Record entry Clear entry View general journal 2. Record the transactions for Hostel Sales in a Sales Journal, Cash Receipts Journal, and General Journal as appropriate assuming a periodic inventory system. Also assume invoice #1601 for the May 11 sale. (Enter the transactions in the order provided in the question.) Date HOSTEL SALES Sales Journal Account Debited Invoice Number A/R Dr. Sales Cr HOSTEL SALES Cash Receipts Journal Date Account Credited Explanation View transaction list Journal entry worksheet < Record the sales return. Cash Debit Sales Disc. Debit Accts. Rec. Credit Sales Credit Note: Enter debits before credits Date May 12 General Journal Debit Credit Other Accts Credit