Prepare general journal entries to record the following transactions for ABC company. Assume a perpetual inventory system Sep 1 Purchased merchandise for $4,000 from Sooner Company with terins 2/20. n/45. 5 Returned goods costing $1,000 to Sooner Company for full credit Sold merchandise to Broncho Company on credit for $10.000. terms 1/15. 1630. The items sold had a cost of B 55,000 10 Purchased goods from Cowboy Corporation for $2.000 with terms 1/10, 1/30 11 Paid 545 shipping charges related to the September 1 purchase from Sooner Broncho Company returned merchandise that had a selling price of $1,000 and had cost ABC Company 9700 12 The merchandise was restored to inventory 14 ABC Company received the balance due from Broncho Company for the September 8 sale. 16 Paid the balance owed to Sooner 29 Paid Cowboy Corporation the balance due