os a perpetual inventory system. Journalize the following transactions for Grooving Giving Gift Shop. Explanations are not required. (Red records sales at the net amount transactions.) More Info 300 on February 3 purchase Accounts Os Inventory Feb. 3 Purchased $2,900 of merchandise inventory on account under forms 2/10, 1/EOM and FOB shipping point from Sany's Flowers Feb. 7 Returned 5700 of defective merchandiu purchased on February 3 Feb. 9 Pald freight bill of $600 on February 3 purchase Feb. 10 Sold merchandise inventory on account for 54 200 to Tristan's Sanctuary Payment forms were 3/15,6/30. These goods cost the company $2.100 Feb. 12 Pald amount owed on credit purchase of February 3, less the return and the discount Feb. 28 Received cash from Tristan's Sanctuary in full settlement of their debt. F e Inventory on account for 54,200 to ntry to foumalize the sale portion of the Accounts hits Receivable Tristan's Sanctuary Revenue Print Done Homework: Chapter HWORK Grooving Giving Shop uses a pepe e migratorio Santiago de Cedeira entries Asume the company record the sound out to the whole Click the icon to view thermo) reh. Paldigt bil 600 metrary path Date Account Feb Merchandise Feb 10 Sold merchandise try on constan's Sanchey Paymum were 15.30. The goods con the company 2,100 Begin by preparing the entry to jumate the sale portion of the transaction Do not record the posted on the sale we will do that in the longe Date Acco Debele Credit Fob 10 Accounts ReceTristan's Sanctuary 1200 15 Revenue 200 Final Clear 840 14 Get More Help - e Text Pages 705 Holn Me Solve This