table Toes TESTAZ REVEW PART 21Compatblity Model-Ward Fle Home Paste Font UESTON #2 Prancorp sells pants to retail stores. The following transactions occurred during the month September 2016: Sept.1 Purchased 700 pairs of pants from ABC Company, terms 3/15 net 30 for $140000. FOB shipping point. Sept. 3 The correct party paid the shipping charges of $500 cash from the above transaction 5 Returned 150 pairs of pants to ABC Company as they were the wrong colour. Sept. 7 Sold 200 pairs of pants to XYZ Company, terms 2/10 net 30 for $60000. The cost ol pt. 12 Paid ABC Company the full amount owed from the Sept. 1 purchase. pt. 16 XYZ Company returned 75 pairs of pants as they were the wrong style. XYZ was give Sept. Francorp received full credit for the return. the pants sold were $40000, full credit for this return. puly, teIIIS 2/10 net 30 for S60000. The cost ol the pants sold were $40000 12 Paid ABC Company the full amount owed from the Sept. 1 purchase. 16 XYZ Company returned 75 pairs of pants as they were the wrong style. XYZ was give a full credit for this return 1 7 XYZ Comphny paid Francorp the full amount owing to them from the Feb. 7 sale. re the required journal entries for the month of September 2016 for Francorp Company