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Trudio's Trinkets Gift Shop uses a perpetual inventory system. Journalize the following transactions for Trudie's Trinkets Gift Shop. Explanations are not required. (Record debits first,

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Trudio's Trinkets Gift Shop uses a perpetual inventory system. Journalize the following transactions for Trudie's Trinkets Gift Shop. Explanations are not required. (Record debits first, then credits. Exclude explanations from journal entries. Assume the company records sales at the net amount Round all numbers to the nearest whole dollar) (Click the icon to view the transactions) Feb. 3 Purchased $2,900 of inventory on account under terms 3/10, nEOM and FOB shipping point Credit Date Accounts Debit Feb 3 Feb. 7. Returned $300 of defective merchandise purchased on February 3 Date Accounts Debit Credit Feb 7 Feb 9. Paid freight bill of $500 on February 3 purchase Date Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question e transactions.) Transactions Feb 3 Purchased $2,900 of inventory on account under terms 3/10, n/EOM and FOB shipping point 7 Returned $300 of defective merchandise purchased on February 3. 9 Paid freight bill of $500 on February 3 purchase 10 Sold inventory on account for $4,600. Payment terms were 2/15, n/30. These goods cost the company $2,300 12 Paid amount owed on credit purchase of February 3, less the return and the discount 28 Received cash from February 10 from the customer in full payment of their account Print Done 00 on February 3 purchase Accounts Debit Credit er any number in the input fields and then continue to the next

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