Prepare General Journal entries to record the following periodic system merchandising transactions for Safety Merchandising. Use a separate account for each receivable and payable: October 1 Purchased merchandise from Zeon Company on credit, terms 2/10, n/30, $15,800. 2 Sold merchandise for cash, $2,100. 7 Purchased merchandise on credit from Billings Co., terms 2/10, n/30, $11,600, FOB the seller's factory. 7 Paid $450 cash for freight charges on the merchandise shipment of the previous transaction. 8 Purchased delivery equipment from Finlay Supplies on credit, $24,000. Sold merchandise on credit to Comry Holdings, terms 2/15, 1/30, n/60, 12 $5,800. Received a $1,500 credit memo for merchandise purchased on October 13 37 and returned for credit. 13Purchased office supplies on credit from Staples, $620, n/30. Sold merchandise on credit to Tom Willis, terms 2/10, 1/30, n/60, 15 $4,650. 15Paid for the merchandise purchased on October 7. Received a credit memo for unsatisfactory office supplies purchased on 16 October 13 and returned, $120. Issued a $420 credit memo to the customer who purchased 19 merchandise on October 15 and returned a portion for credit. 25 Received payment for the merchandise sold on October 15. 29The customer of October 12 paid for the purchase of that date. 31 Paid for the merchandise nurchased on October 1