The following transactions occurred between Thompson Fumshm s and E and M Furniture Warehouse during July o the current year: (Click the icon to visw the transactions) Read the toquntements Requirement 1. Joumaize these transactions on tho books of Thompson Furnishings, assiming the net" method is used (Record debits first, then credits. Exclude explanations from any journal entries) Jul 4 Thomgson Furnishings purchased $,000 of merchandise tom E ond M Fumture Warohouse on account Terms, 2/15, n/30, FOB shipping point. The goods cost E and M Furnture Warehouse $3,300 Journal Entry Date Accounts Debit Credit