U UIU LUMPULU) ssary transactions using the periodic inventory system. Explanations are not required. More Info Sep. 4 Purchased inventory of $6,100 on account from Martin Appliance Wholesale, an appliance wholesaler. Terms were 3/15, n/30, FOB shipping point. 4 Paid freight charges, $440. 10 Returned $400 of inventory to Martin. 17 Paid Martin Appliance Wholesale, less return and discount. 20 Purchased inventory of $3,800 on account from ML Appliance, an appliance wholesaler. Terms were 2/10, n/45, FOB destination. 22 Received a $500 allowance from ML Appliance for damaged but usable goods. 29 Paid ML Appliance, less allowance and discount. Print Done in click Check Answer. Clear All E5B-29 (similar to) Lynch Appliances had the following purchase transactions. Journalize all necessary transactions using the periodic inventory system. Explanations are not required Click the icon to view the transactions.) Journale all necessary transactions in the order they are presented in the transaction list. (Record debits first, then credits. Exclude explanations from journal entries. Round all number Sep 4: Purchased inventory of $6,100 on account from Martin Appliance Wholesale, an appliance wholesaler. Terms were 3/15, 1/30, FOB shipping point. Dato Accounts Debit Credit Sep. 4 Choose from any list or enter any number in the input fields and then click Check Answer. 6 parts remaining Clear All ? WP 17 VAL