Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions. May 11 Sydney accepts deLivery of $39,000 of merchandise it purchases for resale from rroy: involee dated May 11 , ternu 3/10, n/90, Pon ahipping point. The goode cont Troy $26,130. Sydney payn 5665 canh to Express shipping for delivery charges on the merohandise. May 12 Sydney returns $1,100 of the $39,000 of goods to Troy, who receives then the lame day and reatoren them to ita inventory. The returned goods had cost Troy $737. Kay 20 sydney pays Froy for the amount owed. Troy receives the cash imsediately. (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. Journal entry worksheet this question by entering your answers in the tabs below. nal entries that Sydney Retailing (buyer) records for these three transactions. al entry worksheet Complete this question by entering your answers in the tabs below. Prepare journal entries that Troy Wholesalers (seller) records for these three transactions. Journal entry worksheet 345 Sydney accepts delivery of $39,000 of merchandise it purchases for resale from Troy: invoice dated May 11 , terms 3/10,n/90, FOB shipping point. The