pters 5 & 7 0 Saved Help Refer to the following merchandising transactions for Scout Systems. Nov. 1 Seout Systems purchases marchandise for $3,500 on credit with terms of 3/10, n/30. 5 Seout Systems pays for the previous purchase. 7 Seout Systema receiven payment for returned defective merchandise of $200 that was purchased on November 1. 10 Scout Systems pays $310 to transport merchandise to its store. 13 Scout Systems selle merchandise for $5,600 on account. The cost of the merchandise was $3,300. 16 A customer returns merchandise from the November 13 transaction. The returned item sold for $1,110 and cost $690. The item will be returned to inventory. a. Journalize the above transactions for Scout Systems assuming a periodic system. (If no entry is required for a transaction/event. select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 23 4 5 8 Record purchases on account for $3,500; credit terms of 3/10, 1/30. Note Enter debits before credits Date General Journal Debit Credit Nov. 1