S Exercise 4-9 Recording purchases, sales, returns, and shipping LO P1, P2 Following are the merchandising transactions for Dollar Store Nv. 1 Dollar store parchases merchandise for $2,00 on terms ot 2/5,/3, FOR hipping point, invoice dated Novenber 1 Dollar Store pays eash for the Novenber 1 purchase 7 Dollar store discovers and returns $200 of detective merchandise parchased on Novenber I, and paid for o Novenbez 5, for a cash refund. 10 Dollar Store paya $145 cash for transportation costs for the Novesber 1 parchase 13 Dollar Store sells merchandise tor $3,132 with teras n/30. The cost of the sezchandise is $1,566 16 Herchandise ia returned to the Dollar store trom the Novesber 13 trassaction. The returned iteas ace priced t$270 and cost $13S: the itens vere not danaged and vece zeturned to iavestory Jounalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual Inventory system and the gross Journal entry worksheet Dollar Store purchases merchandise for $2,900 on terms of 2/5, n/30, FOB shipping point, invoice dated November 1 te: Enter esc 2 4