Prepare General Journal entries to record the following perpetual system merchandising transactions for Wiebe Sales Co. Nov 10 Nov 13 Nov15 Sold to Sacks and More Inc., merchandise with a cost of $6,200 for $8,500, terms 1/10, n/30, FOB shipping point. Purchased merchandise from Hank's Warehouse, terms 2/15, n30, FOB shipping point, invoice price $6,300. The correct company paid freight costs of $375 for the November 13 transaction. Nov 25 Nov 27 Paid for the merchandise purchased on Nov 13. Sacks and More Inc. returned $2,500 of merchandise because it was the wrong model. The cost of the merchandise was $1,900 and the merchandise was returned to inventory.