Journalize the following transactions for Amazing Audio, Inc. that occurred during the month of March, using (1) the perpetual inventory system, and (2) the periodic inventory system. Omit explanations.
Mar 3 Purchased $4,600 of merchandise on account, terms 2/10, n/30, FOB shipping point. The supplier prepaid freight charges of $250 and added the amount to the invoice.
6 Returned damaged goods to the supplier and received a credit memorandum in the amount of $600.
12 Paid for the goods purchased on March 3.