Prepare General Journal entries to record the following perpetual system merchandising transactions for Friesen Sales Co. August 10 August 13 August 15 August 25 August 27 Sold to Border Room Inc., merchandise with a cost of $5,400 for $6,500, terms 2/10, n/30, FOB shipping point. Purchased merchandise from Joe's Warehouse, terms 1/15, n30, FOB shipping point, invoice price $7,100. The correct company paid freight costs of $345 for the August 13 transaction. Paid for the merchandise purchased on August 13. Border Room Inc. returned $1,500 of merchandise because it was the wrong model. The cost of the merchandise was $1,200 and the merchandise was returned to inventory.