Prepare journal entries to record the following transactions of Recycled Fashion retail store. Recycled Fashion uses a perpetual Inventory system and the gross method. March 3 Purchased $1,200 of merchandise from Greenworld Company with credit terms of 2/15, n/60, invoice dated March 3, and FOB shipping point. March 4 paid $9e cash for shipping charges on the March 3 purchase. March 5 Returned to Greenworld unacceptable merchandise that had an invoice price of $150. March 18 Paid Greenworld for the March 3 purchase, net of the discount and the returned merchandise. March 19 Purchased $530 of merchandise from PeopleFirst Corporation with credit terms of 1/10, /3e, invoice dated March 19, and FOB destination March 21 After negotiations, received from PeopleFirst a $30 allowance (for scuffed merchandise) toward the $530 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 put vode. March 29 Sent check to PeopleFirst paying for the March 19 purchase, View transaction list X 2 Paid $90 cash for shipping charges on the March 3 purchase. 3 Returned to Green World unacceptable merchandise that had an invoice price of $150. 4 Paid Green World for the March 3 purchase, net of the discount and the returned merchandise. 5 Purchased $530 of merchandise from PeopleFirst Corp. with credit terms of 1/10, n/30, invoice dated March 19, and FOB destination. 6 After negotiations, received from PeopleFirst a $30 allowance (for scuffed merchandise) toward the $530 ower on the March 19 nurchase Note : = journal entry has been entered JU LITUAL #LUTIILULUI u unuupuvre II had an invoice price of $150. ed 4 Paid Green World for the March 3 purchase, net of the discount and the returned merchandise. 5 Purchased $530 of merchandise from People First Corp. with credit terms of 1/10, n/30, invoice dated March 19, and FOB destination. 6 6 After negotiations, received from PeopleFirst a $30 allowance (for scuffed merchandise) toward the $530 owed on the March 19 purchase. 7 Sent check to PeopleFirst paying for the March 19 purchase, net of the allowance and the discount. Note : = journal entry has been entered