Practice Final Chapters 6-11 (Part B P Calculator Purchase-Related Transactions Using Perpetual Inventory System The following selected transactions were completed by Niles Co. during March of the current year 1. PR.06-01B 2. PR.07-05.ALGO 3. PR.08-03B Mar. 1. Purchased merchandise from Haas Co, $43,250, terms FOB shipping point, 2/10, n/eom. Prepald frelght of $650 was added to the invoice 4. EX.09-29.ALGO 5. Purchased merchandise from whitman Co., 19,175, terms FOB destination, n/30 10. Paid Haas Co. for invoice of March 1 13. Purchased merchandise from Jost Co., $15,550, terms FOB destination, 2/10, n/30 14. Issued debit memo to Jost Co. for $3,750 of merchandise returned from purchase on March 13 18. Purchased merchandise from Fairhurst Company, $13,560, terms FOB shipping point, n/eom. 18. Paid freight of $140 on March 18 purchase from Fairhurst Co pany. 19. Purchased merchandise from Bickle Co., $6,500, terms FOB destination, 2/10, n/30 23. Paid Jost Co. for invoice of March 13, less debit memo of March 14 29. Paid Bickle Co. for invoice of March 19 31. Paid Fairhurst Company for invoice of March 18. 31. Paid Whitman Co. for invoice of March 5 5. PR. 10-02B Required: lournalize the entries to record the transactions of Niles Co, for Mar Practice Final Chapters 6-11 (Part B PI Calculator Journalize the entries to record the transactions of Niles Co. for March. 1. PR.06-01B 2. PR.07-05.ALGO 3. PR.08-03B 4. EX.09-29 ALGO Mar. 1 Merchandise Inventory 13,250 X Accounts Payable-Haas Co 43,250 | X Mar. 5 Merchandise Inventory 19,175 Accounts Payable-Whitman Co 19,175 5. PR. 10-02B Mar. 10 Accounts Payable-Haas Co 43,250 X Cash 42,398 X Mar. 13 Merchandise Inventory 3,750 Accounts Payable-Jost Co. 3,750 | X Accounts Payable-Jost Co. Mar. 14 3,750 X Merchandise Inventory 3,750 | X Merchandise Inventory Mar. 18-purchase 13,560 Accounts Payable-Fairhurst Company 13,560 v Cost of Merchandise Sold Mar. 18-freight 140 | Cash Mar. 18-purchase Merchandise Inventory 13,560 V 1. PR.06-01B Accounts Payable-Fairhurst Company 13,560 2. PR.07-05.ALGO Cost of Merchandise Sold Mar. 18-freight 140 3. PR.08-03B Cash 140 4. EX.09-29.ALGO Mar. 19 Merchandise Inventory 6,500X 5. PR. 10-02B Accounts Payable-Bickle Co. 6,500 | X Accounts Payable-Jost Co. Mar. 23 Cash Accounts Payable-Bickle Co. Mar. 29 6,500 | X Cash 6,370 Mar. 31-Fairhurst Accounts Payable-Falrhurst Company 13,560 Cash 13,560 V Accounts Payable-Whitman Co r. 31-Whitman 19,175 v Cash 19,175