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 $$1,150$ of merchandise from GreenWorld Company with credit terms of $2/15,$ n$/60,$ Invoice dated March March $4$ Paid $$75$ 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 $19$ Murchased $$425$ of merchandise March $19,$ and FOB destination.

March $21$ After negotiations, received

March $29$ Sent check to PeopleFirst paying for the March $19$ purchase, net of the allowance and the discount.

Journal entry worksheet

$\backslash$table$[[1,2,3,4,5,6,7]]$

Purchased $$1,150$ of merchandise from GreenWorld Company with credit terms of $\frac{2}{15},\frac{n}{60},$ invoice dated March $3,$ and FOB shipping point.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$March $03,,,],[,,,]]$