Problem 2: P5-35A Background: The following transactions occurred during November 2018 for Julie's Fun World. Julie's Fun World uses the perpetual inventory system and estimates sales returns at the end of each month. Assignment: 1) Using the General Journal tab, click Add Transaction to journalize each transaction. Click Post Transaction once you complete the entry, then repeat these steps for each transaction. 2) Click the Reports tab and review the results of recording these transactions on the General Ledger. 3) Click Submit Work when complete. Transactions: 11/04/2018 Purchased merchandise inventory on account from Vera Company, $5,000. Terms 3/10, n/EOM, FOB shipping point. 11/06/2018 Paid $100 freight bill on November 4 purchase. 11/08/2018 Returned half the inventory purchased on November 4 from Vera Company. 11/10/2018 Sold merchandise inventory for cash, $1,100. Cost of goods, $400. FOB destination (record two separate entries). CAD L SAVE WORK RESET RESULTS SUBMIT WORK < November 1, 2018 - November 30, 2018 > BUSINESS REPORTS COMPANY INFORMATION CHART OF ACCOUNTS GENERAL JOURNAL Accounts Date No transactions in Journal ADD TRANSACTION EDIT CHECKED TRANSACTION DELETE CHECKED TRANSACTIONS Debit Credit