Peace Place GR Shop uses a perpetual imentary system Journalize the following transactions for Peaceful Place Gun Shop Explanations are not required. (Record debts first the credit. Exclude explanations from journal entries. Assume the company records at the net amount. Round at numbers to the rest whole Click the icon to view the transactions) Feb. 10 Sold merchandise inventory on account for S4,100 to Tum Forest Payment terms were 2/15.630. Those goods cost be company $2.050 Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step Date Accounts Debit Credit Feb. 10 Accounts Receivable -- Tahun Forost leven More info Now oumate the perna retrad to the Petruary 10 sakeCont of goods. 82.000, Account Debe Foi 10 Cont of Goods 2.050 Merchandisinventory Date 2.000 Fab.3 Purchased $2.000 of merchandise entory on account under om 1/10, EOM and FOB ping point from ally Market Feb. 7 Rome 400 of detective merchandise purchased on February b. Paldreight of 5700 on February 3 purchase Feb. 10 Sold merchandisinventory on account for $4.100 solumn Forest Payment terms were 2/15.6/These goodscout the company $2.00 Feb. 12 Paid amount owed on credit purchase of February 3, them and the discount Feb. 28 Received cash from Talum Forest shutsettement of the dett Feb. 12 Paid amount owed on credit purchase of February 3. less the retum and the discount Date Accounts Debit Cred Feb. 12 Accounts Payabl-Sally Market Merchandise Invertory Print Done