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 $83,000, trade discount 20%, terms FOB destination, 2/10, n/30. 4. Sold merchandise for cash, $39,910. The cost of the merchandise sold was $21,240. 5. Purchased merchandise on account from Papoose Creek Co., $51,100, terms FOB shipping point, 2/10, n/30, with prepaid freight of $840 added to the invoice. 6. Returned $13,600 ($17,000 list price less trade discount of 20%) of merchandise purchased on November 3 from Moonlight Co. 8. Sold merchandise on account to Quinn Co., $16,710 with terms n/15. The cost of the merchandise sold was $8,880. 13. Paid Moonlight Co. on account for purchase of November 3, less return of November 6. 14. Sold merchandise on VISA, $212,560. The cost of the merchandise sold was $150,570. 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., $53,200, terms 1/10, n/30. The cost of the merchandise sold was $31,460. 28. Paid VISA service fee of $3,630. 30. Paid Quinn Co. a cash refund of $1,570 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. Required: Journalize the transactions. If an amount box does not require an entry, leave it blank. Nov. 3 Nov. 4-sale - Nov. 4-cost 11 Nov. 5 Nov. 6 Nov. 8-sale Nov. 8-cost Nov. 13 Nov. 14-sale . Nov. 14-cost - Nov. 15 41 Nov. 23 Nov. 24-sale Nov. 24-cost II II III II II II II Nov. 28 Nov. 30