The Jewel Box purchases jewellery from around the Wox. Use a separate account for each receivable and payable; for example, record system merchandising transactions of The Jewel Box. Use a sep the purchase on August 1 in Accounts Payable-Luu Company. Aug. 1 purchased necklaces from Lau Conpany for $4,700 under credit terms of 3/10,n/30, FoB destination. 4. At Lou Company's request, paid $420 for freight chargen on the Auguat 1 purchase, reducing the anount owed to Lou. 5 Sold rings to Green Ruby for $4,220 under credit terns of 2/10,n/60, Fos destination. The merehandise bad cost $2,820. 8. Purchased bracelets fron Jane Co, for $5,900 under eredit terab of 1/10,n/45, FOB ahipping point. 9 Pald $395 shipping ehakges related to the August 5 nale to Green Ruby. 10 Green puby returned the rings parchased from the August 5 sale that bad cost $510 and been sold for $870. The 12 After negotian rentored to inventory. eredit mono from jane granting a price reduction of 5300 , 15 heceived balance due fron Green Ruby for the Auguat 5 sale. 17 purchased oftice equipatent fron WentCo on eredit, 56,700,n/45. 28. Fald the aimount due Jane co. for the Auguat in parehase. 19 sold earrings to Chie Jevellery for $2,150 under credit terns of 1/10,n/30, rob ahipping point. The morehandine had cont $1,060. 22 chie Jevelery requeated a priee reduetion on the Auguet 19 sale because the morehandise did not neet apeoitications. Sent chie Jevellery a credit meno tor 8250 to resolve the lanue. 29 Hecelved Chie Jewellery's paysent of the anount due from the Muguat 19 purchase. 30 raid thu Conpany the anount don from the Aaguat i purehane. Prepare General Journal entries to record the above transactions. Prepare General Journal entries to record the above transactions