Please record the entries for the inventory purchase transactions below (Perpetual Inventory System)

1) Oct1 Business purchased $4250 of inventory from LAT Inc.. Terms 2/10, n/20 FOB

2)

Oct1 Business sold $8520 inventory to LFN Inc., the cost is $1240. Terms 2/15, n/15 FOB

1. Oct4, Business returned defective $230 inventory back to LAT Inc.
2. Oct7 Business paid delviery $160 for the inventory sales to LFN Inc.
3. Oct8 Business issued a credit memo $325 to LFN Inc., regarding the sales on Oct1

6)

Oct9 business purchased inventory $2700 from Simpson's Ltd, Terms: 1/5, n/10, FOB

7)

Oct11 Business paid the LAT Inc. in full.

8)

Oct16 Business Received LFN Inc's money.

9)

Oct30 paid Simpson's Ltd for the Oct9 purchase.