Sunland Stores is a new company that started operations on March 1, 2021 The company has decided to use a perpetual inventory system. The following purchase transactions occurred in Marche Mar. 1 2 3 Sunland Stores purchases $ 9300 of merchandise for resale from Octagon Wholesalers, terms 2/10, 1/30, FOB shipping point The correct company pays $ 145 for the shipping charges. Sunland returns $ 1.100 of the merchandise purchased on March 1 because it was the wrong colour. Octagon gives Sunland a $ 1.100 credit on its account Sunland Stores purchases an additional $ 13,500 of merchandise for resale from Octagon Wholesalers terms 2/10, 1/30 FOB destination The correct company pays $195 for freight charges. Sunland returns $ 600 of the merchandise purchased on March 21 because it was damaged. Octagon gives Sunland a $ 600 credit on its account. 21 22 23 30 Sunland paid Octagon the amount owing for the merchandise purchased on March 1 Sunland paid Octagon the amount owing for the merchandise purchased on March 21 31 Prepare Sunland Stores journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit (Purchase on account) To record cash payment of freight) (To record purchase return) Question 42 of 44 to record durch return (Purchase an account To record de return Panto account (Purchase on account To record purchase return) (Payment on account Question 42 of 44