Prepare journal entries to record each of the following sales transactions of a merchandising company. The company uses a perpetual inventory system and the gross method. ALL OF THE ENTRIES NEEDED PLEASE

March 3 Purchased $1,140 of merchandise from GreenWorld Company with credit terms of 2/15, n/60, invoice dated March 3, and FOB shipping point. March 4 Paid $65 cash for shipping charges on the March 3 purchase. March 5 Returned to GreenWorld unacceptable merchandise that had an invoice price of $140. March 18 Paid Greenworld for the March 3 purchase, net of the discount and the returned merchandise. March 19 Purchased $520 of merchandise from PeopleFirst Corporation with credit terms of 1/10, n/30, invoice dated March 19, and FOB destination. March 21 After negotiations, received from PeopleFirst a $20 allowance (for scuffed merchandise) toward the $520 owed on the March 19 purchase. March 29 Sent check to PeopleFirst paying for the March 19 purchase, net of the allowance and the discount. View transaction list Journal entry worksheet Paid Green World for the March 3 purchase, net of the discount and the returned merchandise. Note: Enter debits before credits Date Debit Credit Mar 18 1,000 General Journal Accounts payable-GreenWorld Merchandise inventory Cash 20 980 Record entry Clear entry View general journal