Stan's Distributors recorded the following events involving a recent purchase of inventory. Purchased goods for $120,000, terms 2/10, n/30. Returned $2,400 of the shipment for credit. Paid $600 freight on the shipment. Paid the invoice within the discount period.) Sold half of the goods received for a total of $96,000, terms 1/15, n/45 to Tonya's Market. Provided a 5% allowance to Tonya's Market for returned goods. Record the journal entries for the above transactions, omitting journal entry descriptions. Stan's Distributors uses the perpetual inventory method. Edit Format Table