On October 1, the Ivanhoe Bicycle Store had an inventory of 27 ten speed bicycles at a cost of $156 each. During the month of October, the following transactions occurred. Assume Ivanhoe uses a perpetual inventory system.

Oct.	4		Purchased 190 bicycles at a cost of $150 each from the Nixon Bicycle Company, terms 2/10, n/30.
	5		Paid freight of $1,000 on the October 4 purchase.
	6		Sold 17 bicycles from the October 1 inventory to Team America for $250 each, terms 2/10, n/30.
	7		Received credit from the Nixon Bicycle Company for the return of 18 defective bicycles.
	13		Issued a credit memo to Team America for the return of a defective bicycle.
	14		Paid Nixon Bicycle Company in full, less discount.

Prepare the journal entries to record the transactions assuming the company uses a perpetual inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 2,520. Record journal entries in the order presented in the problem.)