Question 1: Dawkins Company engaged in the following transactions. Oct. 1 Sold merchandise to Ernie Devlin on credit,terms n/30, $1,050 (cost $630). 2 Purchased merchandise on credit from Ruland Company, terms n/30, $1,900. 6 Purchased store supplies on credit from Arizin Supply House, terms n/30, $318. 9 Purchased merchandise on credit from LNP Company,terms n/30, $1,800. 11 Accepted from Erie Devlin a return of merchandise, which was returned to inventory, $150 (cost, $90). 14 Returned for credit $300 of merchandise received on October 2. 15 Returned for credit $100 of store supplies purchased on October 6. 16 Sold merchandise for cash,$500 (cost, $300). 22 Paid Ruland Company for purchase of October 2 less return of October 14. 23 Received full payment from Ernie Devlin for his October 1 purchase, less return on October 11. Prepare entries in journal form to record the transactions, assuming the periodic inventory system is used