Prepare the necessary general journal entries for the month of October for Sunland Retali for each situation given below. Sunland uses a perpetual inventory system. (Credit occount titles are outomatically indented when the amount is entered. Do nor indent manually. List all debit entries before credit entries. Oct. 5 Paid cash of 511,844 for operating expenses that were incurred and properly recorded in the previous period. 9 Purchased merchandise for $20.600 on account. Credit terms: 3/10,n/30. 12 Paid a freight bill of $102 for merchandise purchased on October 9. 17. Paid for merchandise purchased on October 9. The comparry takes all discounts to which it is entitied. 20. Sold merchandise for $7,520 to Rattles Distribution on account. The cost of the merchandise soid was $3.008. Credit terms: 2/10, n/30. 26 Issued a credit memo to Rattles Distribution for $282 for merchand se returned from the sale on October 20. The cost of the merchandise returned was $172. Date Account Titles and Explanation Debit Credit (To record the sale of merchandise) (To record the cost of the merchandise sofi) (To record the credit granted for the return) (To record the cost of the merchandise sold) (To record the credit granted for the return) (To record the cost of the goods returned) Save ton Later Attempts: 0 of 1 used submit