On Mry 12, 2023. Weson Purchasing purchesed $21500 of merchandwe from Happy Sales, terme 2.0 n90, FOE Happy Soles. The cost of the goods to plappy was $16.500 Wison pold $1150 to Expess shipong Service for the defvery chargse on the merchendise coss Hapoy 52500 On May 20 . Whogn maled a cheque to Happy for the amount ewed on that date, Hapgy recelved and recorded the cheque on May 27 Required: B. Present the journal entries that Weson Plarchasing should iecoct for these tamsactoons Assune that Wisort uses a perpetusi. invertory inthemi Journal entry worksheet Mecord the wurchase of merchseste of ereti strent 210, mes. On May 11, 2023, Wilson Purchasing purchased $21,500 of merchandise from Happy Sales; terms 2/10, n/90, FOB Happy Sales. The cost of the goods to Happy was \$16,500. Wilson paid \$1,150 to Express Shipping Service for the delivery charges on the merchandise on May 11. On May 12. Wilson retumed $3,300 of goods to Happy Sales, which restored them to inventory. The returned goods had cost Happy \$2,500. On May 20, Wilson mailed a cheque to Happy for the amount owed on that date. Happy received and recorded the cheque on May 21 Required: a. Present the journal entries that Wilson Purchasing should record for these transactions. Assume that Wilson uses a perpetual inventory system. Journal entry worksheet Record the purchase of merchandise on credit; terms 2/10, n/90. Noted Enter debits before credits