The trial balance for Terrys Auto Shop as of January 1, Year 2, follows:

Account Titles	Debit	Credit
Cash	$ 14,790
Inventory	3,120
Common Stock		$ 7,320
Retained Earnings		10,590
Total	$ 17,910	$ 17,910

The following events affected the company during the Year 2 accounting period:

1. Purchased merchandise on account that cost $4,120.
2. The goods in Event 1 were purchased FOB shipping point with freight cost of $290 cash.
3. Returned $455 of damaged merchandise for credit on account.
4. Agreed to keep other damaged merchandise for which the company received an $270 allowance.
5. Sold merchandise that cost $2,650 for $13,100 cash.
6. Delivered merchandise to customers in Event 5 under terms FOB destination with freight costs amounting to $170 cash.
7. Paid $2,910 on the merchandise purchased in Event 1.
8. Paid $8,720 cash for operating expenses.

Required 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.)

(ANSWER ALL PARTS PICTURE SHOWS ONLY FISRT PART)

Required information [The following information applies to the questions displayed below.] The trial balance for Terry's Auto Shop as of January 1, Year 2, follows: The following events affected the company during the Year 2 accounting period: 1. Purchased merchandise on account that cost $4,120. 2. The goods in Event 1 were purchased FOB shipping point with freight cost of $290 cash. 3. Returned $455 of damaged merchandise for credit on account. 4. Agreed to keep other damaged merchandise for which the company received an $270 allowance. 5. Sold merchandise that cost $2,650 for $13,100 cash. 6. Delivered merchandise to customers in Event 5 under terms FOB destination with freight costs amounting to $170 cash. 7. Paid $2,910 on the merchandise purchased in Event 1. 8. Paid $8,720 cash for operating expenses. equired . Record the events in general journal format. (If no entry is required for a transaction/event, select "No journal entry required" in e first account field.) Journal entry worksheet Note: Enter debits before credits