The trial balance for Terry's Auto Shop as of January 1, Year 2, follows: Account Titles Cash Debit Credit Inventory Common Stock Retained Earnings Total $ 16,000 8,000 $ 20,000 4,000 $ 24,000 $ 24,000 The following events affected the company during the Year 2 accounting period: 1. Purchased merchandise on account that cost $15,000. 2. The goods in Event 1 were purchased FOB shipping point with freight cost of $800 cash. 3. Returned $2,600 of damaged merchandise for credit on account. 4. Agreed to keep other damaged merchandise for which the company received an $1,100 allowance. 5. Sold merchandise that cost $15,000 for $31,000 cash. 6. Delivered merchandise to customers in Event 5 under terms FOB destination with freight costs amounting to $500 cash. 7. Paid $8,000 on the merchandise purchased in Event 1. 8. Paid $9,000 cash for operating expenses. a. Record the events in general journal format. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet > A B C D E F G H I Record entry for purchase of merchandise on account. Note: Enter debits before credits. Event 01 General Journal Debit Credit