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Following are the merchandising transactions for Ox It on Systems On November 1 Chilton Systems purchases merchandise for $1, 100 on credit with terms of 2/5. n/30. FOB shipping point invoice dated November 1 On November 5 Chilton Systems pays cash for the November 1 purchase On November 7. Chilton Systems discovers and returns $160 of defective merchandise purchased on November 1 for a cash refund On November 10. Chilton Systems pays $55 cash for transportation costs with the November 1 purchase On November 13. Chilton Systems sells merchandise for $1, 188 on credit The cost of the merchandise is $594 On November 16. the customer returns merchants # from the November 13 transaction The returned items are priced at $220 and cost $110 the items were not damaged and were returned to inventory. Journalize the above merchandising transactions for Chilton Systems assuming it uses a perpetual inventory