Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions. May 11 sydney accepts delivery of $21,000 of merchandize it purchanes for resale fron Troy: invoice dated May, 11 , terms 3/10,/90, FOB shipping point. The goods cost Troy $14,070. Sydney pays $595 cash to Express shipping for delivery chargen on the merchandine. May 12 sydney returns $1,400 of the $21,000 of goods to Troy, who receives them the sane day and restorea then to 1t s inventory. The returned goodin had cont Troy $938. May 20 sydney payn Troy for the anount oved. Troy receiven the cash imndiately. (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 Retalling (buyer) records for these three transactions