Part 2 Isaq stationary store entered into the transactions listed below. In the journal provided, Purchased $2000 of merchandise on credit, terms March 1 4/20, n/60. Returned $300 of the items purchased on March Paid freight charges of $110 cash on the items purchased March 15. 20 Sold merchandise on credit for $6000, terms 3/10, n/30. The merchandise had an inventory cost of $ 1500. 25 Of the merchandise sold on March 20, $2000 of it was returned. The items had cost the store $500. 28 Received payment in full from the customer of March 20th. 31 Paid for the merchandise purchased on March 1". Requirement Prepare the journal entries to record the transactions assuming the company uses a perpetual inventory system