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Current Attempt in Progress Presented here are selected transactions for Alpine Tours Inc. during September of the current year. Alpine Tours uses a perpetual inventory system. Alpine Tours estimates a return rate of 5% based on past experience. Sept. 2 3 4 6 Purchased equipment on account for $69.000, terms 1/30, FOB destination Freight charges of $940 were paid by the appropriate party on the September 2 purchase of equipment. Purchased supplies for $4,000 cash. Purchased inventory on account from Winterholt Company at a cost of $70.200. terms 1/15.6/30. FOB shipping point. Freight charges of $1,600 were paid by the appropriate party on the September inwentory purchase. Returned damaged goods costing 55.000 that were originally purchased from Winterholt Company on September 6. Received a credit on account Sold goods costing $15.900 to Fischer Limited for $18,000 on account, terms 1/30, FOB destination. Freight charges of $370 were paid by the appropriate party on the September 9 sale of Inventory 78 9 10 17 Received the balance due from Fischer 2.58 PM 2012 C > 10 Question 1 of 2 - / 20 E 7 Freight charges of $1,600 were paid by the appropriate party on the September inventory purchase 8 Returned damaged goods costing $5.000 that were originally purchased from Winterholt Company on September 6. Received a credit on account 2 Sold goods costing $15.900 to Fischer Limited for $10.000 on account, terms/30. FOB destination Freight charges of $370 were paid by the appropriate party on the September 9 sale of inventory 17 Recelved the balance due from Fischer 20 Paid Winterholt Company the balance due Purchased Inventory for $6.200 cash 22 Sold inventory costing 519.700 to Kun-Jolins for $25.100 on account, terms ry 30, FOB shipping point 23 Freight charges of $600 were paid by the appropriate party on the September 22 sale of inventory 28 Kun-Tai returned goods sold for $920 that cost $680. The merchandise was restored to inventory lai ON 2:58 PM 21/2022 . w Date Account Titles and Explanation Debit Credit 2:53 PM 27/2012 Question 1 of 2 - 20 (Sale of merchandise on account) (Cost of goods sold recorded) 2:58 PM 2/1/2022