Please prepare journal entries for the following November transactions: Noy 2 Purchased merchandise on account from Taylor Co. $10,000 (fob shipping point, 2/10,1/30) 3 Paid freight charges of $200 on purchase from Taylor Co. 10 Purchased supplies $500 for cash. 12 Paid Taylor Co. 14 Sold $4000 of merchandise to ABC Co. Cost of merchandise sold was $1500. (fob destination, 2/10,1/30) 15 Paid freight on shipment to ABC Co. $75. 16 Purchased merchandise on account from Bosco Co. $8,000. (2/10,1/30, fob destination) 18 Returned 5500 of merchandise to Bosco Co. 20 Sold 56000 of merchandise to XYZ Co. (1/10,0/30). Cost of merchandise sold was $ 2500 22 Received return of $600 of merchandise sale of Nov. 20. (cost of merchandise returned 5250) 26 Puidumount owed on purchase from Bosco Co. 30 Collected amount due from sale to XYZ.CO