Prepare the necessary general journal entries for the month of October for Ivanhoe Retail for each Situation given below. Ivanhoe uses a perpetual inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Oct. 5 Paid cash of $10,836 for operating expenses that were incurred and properly recorded in the previous period. 9 Purchased merchandise for $18,900 on account. Credit terms: 3/10, n/30. 12 Paid a freight bill of $94 for merchandise purchased on October 9. 17 Paid for merchandise purchased on October 9. The company takes all discounts to which it is entitled. 20 Sold merchandise for $6,880 to Rattles Distribution on account. The cost of the merchandise sold was $2,752. Credit terms: 2/10, n/30. 26 Issued a credit memo to Rattles Distribution for $258 for merchandise returned from the sale on October 20. The cost of the merchandise returned was $156. Date Account Titles and Explanation Oct. 5 Cash Oct. 9 O Inventory Oct. 12 Cash Debit 10836 18900