Required information. [The following information applies to the questions displayed below.] The following trial balance pertains to Benji's Grocery as of January 1, Year 2. Account Title Cash Accounts receivable Inventory Accounts payable Common stock Debit $ 14,600 Credit 9,200 61,600 $ 3,500 65,000 16,900 Retained earnings Total $ 85,400 $ 85,400 The following events occurred in Year 2. Assume that Benji's uses the periodic inventory method. 1. Purchased land for $7,100 cash. 2. Purchased merchandise on account for $32,000, terms 2/10 n/30. 3. Paid freight of $320 cash on merchandise purchased FOB shipping point. 4. Returned $2,700 of defective merchandise purchased in Event 2. 5. Sold merchandise for $22,000 cash. 6. Sold merchandise on account for $49,000, terms 1/20 n/30. 7. Paid cash within the discount period on accounts payable due on merchandise purchased in Event 2. 8. Paid $1,600 cash for selling expenses. 9. Collected $38,000 of the accounts receivable from Event 6 within the discount period. 10. Collected $8,000 of the accounts receivable but not within the discount period. 11. Paid $2,800 of other operating expenses. 12. A physical count indicated that $37,000 of inventory was on hand at the end of the accounting period. < A B C D E F G H N Record the entry for purchased land for $7,100 cash. Note: Enter debits before credits. Event 01 General Journal Debit Credit C D E F G H N Journal entry worksheet < A B Record the entry for purchased merchandise on account for $32,000, terms 2/10 n/45. Note: Enter debits before credits. Journal entry worksheet < A B DEFGH N Record the entry for paid freight of $320 cash on merchandise purchased FOB shipping point. Note: Enter debits before credits. A B C E F G H N > Record the entry for returned $2,700 of defective merchandise purchased in Event 2. Note: Enter debits before credits. Journal entry worksheet < A B C D m F GH N Record the entry for sold merchandise for $22,000 cash. Note: Enter debits before credits. < A B C D E LL F H N > Record the entry for discount on inventory purchased. Journal < A G I J K L M N > Record the entry for cash paid within the discount period on accounts payable. Mate: Enter dahite hefore credits A ..... G H K L M N Record the entry for paid $1,600 cash for selling expenses. ournal entry worksheet A G H I Record the entry for discount on inventory sold. K L M N > < A ***** G H I J L M N > Record the entry for the collection of amount due on the account receivable within the discount period. Note: Enter debits before credits. Event 9b General Journal Debit Credit Record the entry for collected $8,000 of the accounts receivable but not within the discount period. Note: Enter debits before credits. Event 10 General Journal Debit Credit < A ... G H I J K L N Record the entry for paid $2,800 of other operating expenses. Note: Enter debits before credits. Event 11 General Journal Debit Credit Record the entry for a physical count indicated that $37,000 of inventory was on hand at the end of the accounting period. Note: Enter debits before credits. Event 12 General Journal Debit Credit