Praced at 5270 and cett 5105 j the items Mere not damaged and weru returned to linventory- Folkwing are the merchandieing transections or Hoinet Store. 13. Wistret 1 the Joumalize the above merchandising transactions for the Homet Store assuming it uses a perpetual inventory system and the gross method. Journal entry worksheet (1) (2) (4) (5 (6) 7 8 Hornet Store dischvers and returns $150 of defective merchandise inventory purchased on November 1 , and paid for on November 5 , for a cash refund. Praced at 5270 and cett 5105 j the items Mere not damaged and weru returned to linventory- Folkwing are the merchandieing transections or Hoinet Store. 13. Wistret 1 the Joumalize the above merchandising transactions for the Homet Store assuming it uses a perpetual inventory system and the gross method. Journal entry worksheet (1) (2) (4) (5 (6) 7 8 Hornet Store dischvers and returns $150 of defective merchandise inventory purchased on November 1 , and paid for on November 5 , for a cash refund