Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions May 11 Sydney accepts delivery of $31,500 of merchandise it purchases for resale from Troy: invoice dated May 11; terms 3/1, n/90; FOB shipping point. The goods cost Troy $21,185. Sydney pays $638 cash to Express Shipping for delivery charges on the nerchandise 12 Sydney returns$1,100 of the $31,500 of goods to Troy, who receives them the sane day and restores then to its inventory The returned goods had cost Troy $737 Sydney pays Troy for the anount owed. Troy receives the cash Inmedsately (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. Required Required 2 Prepare journal entries that Sydney Retailing (buyer) records for these three transactions. iew transaction list Journal entry worksheet Sydney accepts delivery of $31,500 of merchandise it purchases for resale from Troy: invoice dated May 11; terms 3/10, n/90; FOB shipping point. The goods cost Troy $21,105 Note: Enter debits before credts Activa