Sydiney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions. May 11 Sydney accepts delivery of $38,500 of merchandlse it purchases for resale froe Troy: involce dated May 11 , terms 3/10, n/90, 106 shipping point. The goods cost Troy $25,795. Sydney pays $575 cash to Express Shipping for delivery charges on the merchandise. Hay 12 sydney returns $1,100 of the $38,500 of goods to Troy, who recelves then the same day and restores then to its inventory. The returned goods had cost Troy $737. May 20 sydhey pays Troy for the anount oired. Troy receives the cash innediately. (Both Sydney and Troy use a perpetual inventory system and the gross method) 1. Prepare journal entries that Sydney Retailing (buyer) records for these three transactions 2. Prepare journal entries that Troy Wholesalers (seller) records for these three transactions Complete this question by entering your answers in the tabs below. Prepare journal entries that Sydney Retailing (buyer) records for these three transactions