Prepare General Journal entries to record the following periodic system merchandising transactions for Safety Merchandising. Use a separate account for each receivable and payable: (Round your answers to the 2 decimal places.) October 1 Purchased merchandise from Heon Company on credit, terns 1/10, n/30, $16,000. 2 Sold merchandise for cash, $2,200. 7 Purchased merchandise on credit from Billings Co., terns 1/10, 1/30, $11,800, Pon the seller's factory. 7 Paid $470 cash for freight charges on the merchandise shipment of the previous transaction. 8 Purchased delivery equipment from Finlay Supplies on credit, $26,000. 12 Sold merchandise on credit to Comey Holdings, terns 3/15, 2730, n/60, $6,000. 13 Received a $1,600 credit memo for merchandise purchased on October 7 and returned for credit. 13 Purchased office supplies on credit from Staples, $640, 1/30. 15 Sold merchandise on credit to Tom Willis, terms 1/10, 1/30, n/60, $4,750. 15 Paid for the merchandise purchased on October 7. 16 Received a credit memo for unsatisfactory office supplies purchased on October 13 and returned, $110. 19 Issued a 5440 credit meno to the customer who purchased merchandise on October 15 and returned a portion for credit. 25 Received payment for the merchandise sold on October 15. 29 The customer of October 12 paid for the purchase of that date. 31 Paid for the merchandise purchased on October 1. I purchased on October 1. View transaction at X 1 Record the purchase of merchandise from Zeon Company for $16,000 on credit 15 > 2 Record the sales of merchandise for $2,200 cash on 3. Record the purchase of merchandise from Billings Co., for $11,800 on credit 4 Record the freight charges paid of $470 cash Credit 5 Record the purchase of delivery equipment from Finlay Supplies for $26,000 on credit. 6 Record the sales of merchandise to Comry Holdings for $6,000 on credit Note Journal entry has been entered Record entry Clear entry View general Journal View transaction lit X 7 Record the receipt of a credit memo of $1,600 for merchandise purchased on October 7. 15 > on 8 Record the purchase of office supplies from Staples for $640 on credit. 9 Record the sales of merchandise to Tom Wills for $4,750 on credit Credit 10 Record the payment for the merchandise purchased on October 7 11 Record the receipt of a credit memo for $110 for unsatisfactory office supplies purchased on October 13. 12 Record the issue of a credit memo for 440 to Tom Willis Note journal entry has been entered Record entry Clear entry View general journal View transaction list X 15 > on 11 Record the receipt of a credit memo for $110 for unsatisfactory office supplies purchased on October 13. 12 Record the issue of a credit memo for $440 to Tom Willis for merchandise purchased on October 15. 13 Record the receipt of payment for the merchandised on October 15. Credit 14 Record the receipt of payment for the merchandise sold on October 12. 15 Record the payment for the merchandise purchased on October 1. Note : = Journal entry has been entered Record entry Clear entry View general journal