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Prepare the journal entries to record hese transactions on Sandhill Company's books. Sandhill Company uses a periodic inventory system. Feb.5 Sandhill purchased $15,000 of merchandise

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Prepare the journal entries to record hese transactions on Sandhill Company's books. Sandhill Company uses a periodic inventory system. Feb.5 Sandhill purchased $15,000 of merchandise from NW Wholesale Company, terms 2/10,n/30, FOB shipping point. 6 The correct company paid freight costs of $150. 8 Sandhill returned $2,000 of the merchandise purchased on February 5. 11 Sandhill paid the balance due to NW Wholesale. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter Ofor the amounts, Record journal entries in the order presented in the problem. List all debit entries before credit entries)

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