The following transactions were completed during November by World of Sports. Nov 1 Purchased balls from Stephen Co. $6000, terms 4/12, n/30 Nov 5 Paid freight on Mayer Co. purchase \$210 From October transaction Nov 9 Sold merchandise to Darwin $7,600, terms n/30 Nov 10 Received credit of $300 from Mayer Co. For a ball that was returned Nov 12 Purchased basketball shoes from Hoops Basketball for cash $1050 Nov 15 Paid Stephen Co. In full Nov 17 Purchased sofas and shorts from WO Station $970, terms 3/15,n/60 Nov 18 Paid freight on Football Station purchased $80 Nov 22 Sold appliances to Darwin $2,300, terms n/30 Nov 25 Received $970 in cash from Darwin in settlement of their account Nov 28 Paid WO Station in full Nov 30 Granted an allowance of $567 to Darwin for basketball clothing that did not fit Required: Prepare the August Transactions using a periodic inventory system