Required information [The following information applies to the questions displayed below.] Piere Imports uses the perpetual system in accounting for merchandise inventory and had the following transactions during the month of October. October 2 Purchased merchandise at a $4,100 price (\$4,018 net), invoice dated october 2, terms 2/10, n/30. october 10 Returned $550 ( $539 net) of merchandise purchased on october 2 and debited its accounts payable for that amount. October 17 Purchased merchandise at a \$7,600 price (\$7,448 net), invoice dated 0ctober 17, terms 2/10, n/30. October 27 Paid for the merchandise purchased on october 17, less the discount. october 31 Paid for the merchandise purchased on october 2. ) Prepare entries to record the above transactions assuming that Piere Imports records invoices at net amounts. Journal entry worksheet 5 Purchased merchandise at a $4,100 price ($4,018 net), invoice dated October 2 , terms 2/10,n/30. Note: Enter debits before credits