Peaceful Palace Gin Shop uses a perpetual inventory system. Journalize the following transactions for Peaceful Palace Gift Shop. Explanations are not required. (RE numbers to the nearest whole dol.) (Click the icon to view the transactions) Feb 3: Purchased $2,000 of merchandise inventory on account under terms 2/10, n/EOM and FOB shipping point from Sleeky Spa. Dato Accounts Debit Credit Fab3 More Info i More Info Feb. 3 Purchased $2,900 of merchandise inventory on account under terms 2/10, n/EOM and FOB shipping point from Sleeky Spa. Feb. 7 Returned $600 of defective merchandise purchased on February 3. Feb. 9 Paid freight bill of $200 on February 3 purchase. Feb. 10 Sold merchandise inventory on account for $4,400 to Tiger Wellness Center. Payment terms were 3/15, n/30. These goods cost the company $2,200. Feb. 12 Paid amount owed on credit purchase of February 3, less the return and the discount. Feb. 28 Received cash from Tiger Wellness Center in full settlement of their debt. Print Done