Question 2 [20 points] Prepare journal entries for March 2014 to record the following transactions for ABC Inc Assume a perpetual inventory system Enter the transaction letter as the description when entering the transactions in the pumal Desent be entered in the formate January 15 would be a March 2. ABC Inc purchased merchandise from Northstar Corp for $8,000 under Credit forms of 2/15,80 FOB destration b. March 9 Received a $1,700 credit memorandum acknowledging the return of merchandise purchased on March 2 March 12 ABC Inc purchased supplies by paying $1,800 d. March 19 ABC Inc purchased merchandise on credit from Guit Corp torms 2/10,00 ST 800. FOB destination e March 19 Paid Northstar Corp the amount due from the Mach 2 purchase March 31 Paid Gulf Corp the amount duo from the March 19 purchase Please use these and button to change the number of accounts of necessary for each purnal ertry General Journal Page Date Account Explanation F Debt 2/ Mar 9/Mar 12/Mar + - 19 Mar 19/Mar + - 31 Mar