Question Completion Status: O b.58,390. OC. $2,750. d. S2,730 QUESTION 9 Bill Blumberg owns an auto parts business called Bill's Auto Parts. The following transactions took place during July of the current year. July 3 8 12 Purchased merchandise on account from Wheeler Warehouse, S4,300. Paid freight charge on merchandise purchased, S230. Sold merchandise on account to Big Time Spoiler, $3,500. The merchandise cost $2.500. Received a credit memo from Wheeler Warehouse for merchandise, S670. Issued a credit memo to Big Time Spoiler for merchandise returned, 5820. The cost of the merchandise is $350. 15 22 Required: 1. Joumalize the above transactions in a general journal using the periodic inventory method. 2. Joumalize the above transactions in a general journal using the perpetual inventory method. GENERAL JOURNAL Page 1 Post Ref. Date Description Debit Credit Click Save and Submit to save and submit. Click Save All Answers to save all answers