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Please help me with number 2 6 Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions, May 11 sydney accepts delivery of

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6 Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions, May 11 sydney accepts delivery of $22,500 of merchandise it purchases for resale from Troy: Invoice dated May 11, terma 3/10, n/90, YOB shipping point. The goods cont Troy $15,095. Sydney pays $310 cash to Express Shipping for delivery charges on the merchandise. 12 Sydney returns $1,100 of the $22.500 of good to Troy, who receives them the same day and restores them to its Inventory. The returned goods had cout Troy $73). 20 Sydney pays Troy for the amount owed. Troy receives the cash immediately. (Both Sydney and Troy use a perpetual inventory system and the gross method.) 1. Prepare journal entries that Sydney Retailing (buyer) records for these three transactions. 2. Prepare journal entries that Troy Wholesalers (seller) records for these three transactions. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below

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