Prepare the journal entries to record the following purchase transactions in Whispering Winds Inc's books. Whispering Winds uses a perpetual inventory system. (List all debit entries before credit entries. 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 titles and enter for the amounts.) Whispering Winds purchased goods for $54,000 from Fundy Corp. terms n/45, FOB destination. The appropriate company paid freight costs of $1,120. 6 Whispering Winds returned $7,200 of the goods purchased on January 2, because they were not needed. Whispering Winds paid the balance owed to Fundy. Jan. 2 5 11 Date Account Titles and Explanation Debit Credit Jan. 2 Jan. 5 Jan. 6 Jan. 11