Question (2) During last September, Chard Company had the following transactions: 10 September purchased merchandise $16,000, terms 2/10./30. IT September The purchase was agreed as FOB destination and the freight cost was $175. 13 September $900 of the merchandise was damaged during delivery. As agreed with the seller, these items were returned. 18th September Chard Company paid cash to the seller, for the full amount due. Required: Prepare the journal entries to record the transactions above, if Chard Company used a perpetual system of inventory accounting