Prepare journal entries to record each of the following purchases transactions of a merchandising company. Assume a perpetual inventory system using the gross method for recording purchases. Oct. 1 Purchased $2,000 of goods. Terms of the sale are 3/10,n/20, and FOB shipping point; the invoice is dated October 1. Oct. 3 Paid $40 cash for freight charges from UPS for the October 1 purchase. Oct. 7 Returned $100 of the $2,000 of goods from the October 1 purchase and received full credit. Oct. 11 Paid the amount due from the October 1 purchase, less the return on October 7