Sydney Retalling (buyer) and Troy Wholesalers (seller) enter into the following transactions. May 11 Sydney accepts delivery of $40,6e0 of merchandise it purchases for resale from Troy: invoice dated May 11 , terns 3/10, n/90, FOB shipping point. The goods cost Troy $30,000. Sydney pays $345 cash to Express Shipping for delivery charges on the merchandise. May 12 Sydney returns $1,40e of the $4e,800 of goods to Troy, who receives then the sane day and restores them to fts inventory. May 20 Sydney pays Troy for the anount owed. Troy receives the cash imediately. (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. 2. Prepare journal entries that Troy Wholesalers (seller) records for these three transactions. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare joumal entries that Troy Wholesalers (seller) records for these three transactions