Prepare joumal entries to record each of the following transactions of a merchandising company ine company inventory system and the gross method. Noveabers purchused 600 units of product at a cost of $10 per unit, Terms of the sale are 2/20, n/6e; the involce ts dated Nigverben 7 Returned 25 defective units fron the Novenber 5 purchase and received full credit. Movenber 15 Pald the neount due from the Noverber 5 purchase, ninus the return on forcaber 7 . Journal entry worksheet roduct at a cost of $10 per unit. Terms of the sale are 2110, n/60 tated November 5