Produce the journal entries for these transactions with the appropriate date. Include only journal entries that relate to September business. If no journal entry is needed, write the transaction date and NO ENTRY.

Question 1: Produce the journal entries for these transactions with the appropriate date. Include only journal entries that relate to September business. If no journal entry is needed, write the transaction date and NO ENTRY. The following inventory transactions occurred at Parker, Inc., which uses a perpetual inventory system: September 2: Purchased 50 units of inventory from a supplier on credit. The goods cost $30 each and the credit terms were 2/10, n/30. The shipping costs were $100 under the terms FOB destination and Parker received the inventory on September 3rd. September 4: Returned 5 units of inventory from the September 2nd transaction to the supplier. September 6: Sold 15 of the units purchased on September 2nd for $50 each to customers for cash. September 7: 10Accepted a return of one unit of inventory from an September 6th customer for a cash refund. September 10: Established a petty cash fund for $300. September 11: Paid the supplier for one-half of the inventory purchased on September 2nd, net of any returns. September 15: Used $20 out of petty cash to pay for stamps (postage expense). September 28: Purchased 10 units of inventory from a supplier on credit. The goods cost $25 each and no credit terms were granted. The shipping costs were $50 under the terms FOB destination and Parker received the inventory on October 2. September 30: Paid the remaining balance owed to the supplier from the September 2nd transaction. September 31: Replenished petty cash