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Waimanalo Merchandising had the following transactions in October. Prepare journal entries for these transactions assuming Waimanalo uses a perpetual inventory system. Omit Explanations~ Oct 2 Waimanalo received an $26,000 invoice from one of its suppliers. Terms were 3/15 n/30, FOB shipping point. Waimanalo paid the freight bill amounting to $1,200.~ 4 Waimanalo returned $2,750 of the merchandise billed on Oct 2 because it was defective.~ 5 Waimanalo sold $9,500 of merchandise on account, terms 2/10 n/30. The cost of the merchandise sold was $6,800.~ 15 Waimanalo paid the invoice dated Oct 2.~ 15 A customer returned $3,800 of merchandise sold on Oct 5. The cost of the returned merchandise was $2,720.~ Waimanalo received payment on the remaining amount due from the sale of Oct. 5.~ General Journal Date