Sales-Related and Purchase-Related Transactions Using Perpetual Inventory System The following were selected from among the transactions completed by Harrison Company during November of the current year: Nov. 3. Purchased merchandise on account from Moonlight Co., list price $88,000, trade discount 30%, terms FOB destination, 2/10, n/30. 4. Sold merchandise for cash, $33,920. The cost of the merchandise sold was $21,480. 5. Purchased merchandise on account from Papoose Creek Co., $45,450, terms FOB shipping point, 2/10, n/30, with prepaid freight of $790 added to the invoice. 6. Returned $11,900 ($17,000 list price less trade discount of 30%) of merchandise purchased on November 3 from Moonlight Co. 8. Sold merchandise on account to Quinn Co., $14,270 with terms n/15. The cost of the merchandise sold was $9,900. 13. Paid Moonlight Co. on account for purchase of November 3, less return of November 6. 14. Sold merchandise on VISA, $248,960. The cost of the merchandise sold was $147,740. 15. Paid Papoose Creek Co. on account for purchase of November 5. 23. Received cash on account from sale of November 8 to Quinn Co. 24. Sold merchandise on account to Rabel Co., $58,500, terms 1/10, n/30. The cost of the merchandise sold was $33,890. 28. Paid VISA service fee of $3,650. 30. Paid Quinn Co. a cash refund of $1,420 for damaged merchandise from sale of November 8. Quinn Co. kept the merchandise. Required: Journalize the transactions. If an amount box does not require an entry, leave it blank. Nov. 3 Merchandise Invei Accounts Payable-Moonl Nov. 4-sale Cash Sales Nov. 4-cost Cost of Merchandise Nov. 5 Merchandise Inve Merchandise Invei Accounts Payable-Papoose Nov. 6 Accounts Payable-Moonl Merchandise Invei Nov. 8-sale Accounts Receivable-Qu Sales Nov. 8-cost Cost of Merchandise Nov. 13 Merchandise Inve Accounts Payable-Moonl Cash 33,9: 33,9: