Question 2 Information related to Stylish Fashion Company is shown below. March 3 Purchased $5,000 of inventory under terms 2/10; net 30 and FOB destination March 7 Returned $1,900 of defective merchandise purchased on March 3 March 9 | The correct company paid freight bill of $300 on March 3 purchase March 10 Sold inventory for $16,000. Payment terms were 2/15; net 30. The goods cost Stylish $4,900 March 12 Paid in full the amount owing from March 3 purchase March 16 Gave a sales allowance of $2,400 on the March 10 sale. No Inventory was returned. March 23 Received payment from March 10 customer in full settlement of the amount due. Required: Prepare journals to record these transactions in the books of Stylish Fashions, using both perpetual and the periodic inventory methods. If no entry is required you must write "No Entry" or no marks given