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systeen. The foliowing purchiser transactiona occurred in Marche 1 point. 2. The correct comelany pays 5140 for the shippir $ charges. 3 Pharoahieturns $1.100 of

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systeen. The foliowing purchiser transactiona occurred in Marche 1 point. 2. The correct comelany pays 5140 for the shippir $ charges. 3 Pharoahieturns $1.100 of the mercturidioe purchased on March 1 becairur is was the wencuiove O(tan ons. Fharaah a $1,100 credit on its account. FOE destination. 22 The correct company paps $160 for freight charges. $500 credit onits account. 30 Pharoah paid Octagen the amount owing for the merchardice purchased on Match 2. 31 Phardah paid Octagon the amount owing for the inerchardise purchasedan MMr 21. 31 Pharaah paid Octapon the amount owing for the mereliardise purchased on Murch21 Prepare Pharcah Stores journal entries to record the above transacions. Record /oumal entrins in the order presented in the problem Post the transactions to the Merchandice Irventory account, Compare the fotal in this aronum with itre tetul of the ciati fais the arder of foumal entries presented in the previous part.)

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