1. $\mathrm{}$ $315$ Received the balance due trom Penkwa$\mathrm{.}2226$Paid Kenliwa the balance due.Sold inventory costing $$15,000$ to Makoons Inc. for $$30,000$ on account, terms n$/45,$ FOB shipping point$\mathrm{.}27$Freight charges of $$750$ were paid by the appropriate party on the August $26$ sale of inventory$\mathrm{.}30$Makoons returned goods sold for $$1,200$ that cost $$650.$ The merchandise was restored to inventory.Your AnswerCorrect Answer $$

1. $($Used$)$Record the August transactions on Niska's books. $($List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Record journal entries in the order presented in the problem.$)$DebitCredit DateAccount Titles and Explanation$2,500$.