Problem 17-1 Recording Transactions in the Purchases Journal The Design Den, a retail merchandising business, uses special journals. Date Transactions Feb 1 1. Purchased $1,400 in merchandise on account from Woodstock Furnishings, terms 3/15, n/30, Invoice WF39. 21 2. Bought $900 in store equipment on account from Holmes Equipment Company, terms n/30, Invoice 98 4 3. Purchased $700 in merchandise from Fuller Fabrics, terms 3/10, n/30, Invoice 72. 7 4. Purchased computer speakers on account for $50 from Digital Solutions, terms 2/10, n/30, Invoice AB220. 10 5. Purchased fabric from Valley Upholstery for $1,500, terms 2/10, n/30, Invoice 947 Using the above transactions, record the entries in the Purchases Journal. Purchases Journal General Date Creditor's Account Credited Accounts Payable Credit Purchases Debit Account Debited Debit Feb 1 Feb 2 Feb 4 Feb 7 Woodstock Furnishings Holmes Equipment Co. Fuller Fabrics Digital Solutions Valley Upholstery Feb 10