Problem 2 Murphy Plumbing Supplies Inc, is a wholesaler of plumbing supplies. The following transactions occurred in July. Prepare the general journal entries to record these transactions under a perpetual inventory system. Purchased merchandise from Kohler Inc. on account for S1,900, FOB shipping point, terms, n/30 Paid Express Transport $200 cash for the July 1 shipment Jul 1 Jul 2 from Kohler. Jul 3 FOB destination, terms, n/45 Cost of merchandise was $2,000. Received $100 credit from Kohler for retuned goods. Sold merchandise to Beantown Construction for $2,850, Jul 5 Jul 6 Issued $150 credit to Beantown Construction for defective merchandise shipped on 7/3. Jul 8 Paid Kohler amount due Paid Worcester Trucking $85 cash to deliver goods to Jul 9 Beantown Construction on 7/3. Received amount due from Beantown Construction Jul 10 Date Titles Debit Credit