Prepare journal entries to record each of the following transactions of a merchandising company. The company uses a perpetual inventory system and the gross method. November 5 Purchased 1,450 units of product at a cost of $49 per unit. Terms of the sale are 3/10,n/60; the invoice is dated Novenber 5 . November 7 Returned 30 defective units from the November 5 purchase and received ful1 credit. November 15 Paid the a=ount due from the November 5 purchase, minus the return on November 7. Journal entry worksheet Purchased 1,450 units of product at a cost of $40 per unit. Terms of the sale are 3/10,n/60; the invoice is dated November 5 . Note: Enter debits before credits: Journal entry worksheet Returned 30 defective units from the November 5 purchase and received full credit. Note: Enter debits before credits. Journal entry worksheet Paid the amount due from the November 5 purchase, minus the return on November 7. Note; Enter debits before credits