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 $1,140 of merchandise from GreenWorld Company with credit terms of 2/15, n/60, invoice dated March 3 , and FOB shipping point. March 4 Paid $80 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 $320 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 \$320 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. Journal entry worksheet 4567 Purchased $1,140 of merchandise from GreenWorld Company with credit terms of 2/15,n/60, invoice dated March 3 , and FOB shipping point. Note: Enter debits before credits. Journal entry worksheet 567 Paid $80 cash for shipping charges on the March 3 purchase. Note: Enter debits before credits. Journal entry worksheet 7 Returned to GreenWorld unacceptable merchandise that had an invoice price of $140. Note: Enter debits before credits. Journal entry worksheet $320 of merchandise from PeopleFirst Corp. with credit terms of 1/10,n/30, invoice dated March 19 , and FOB destination. Note: Enter debits before credits. Journal entry worksheet 12 After negotiations, received from PeopleFirst a $20 allowance (for scuffed merchandise) toward the $320 owed on the March 19 purchase. Note: Enter debits before credits. Journal entry worksheet