elected TION LI: PROBLEMS GROBLEM W (4 points each: 40 points) For each transaction listed below. prepare a lournal entry IN GOOD FORM to record the merchandising transactions of the Boston Engine Company, which uses the Perpetual Inventory System. (Be careful to identify each receivable and payable account) 1. June 2 Purchased merchandise an account from Marvel Company for $22,000 under credit terms of 1/15, nct 30. FOR shipping point, invoice dated June 2. DATE ACCOUNT NAME DEBIT CREDIT 2. June 4 Sold merchandise to Sorine Company for $15,000 under credit terms of 210, net 30, FOB destination, invoice dated June 4. The merchandise had cost of $10,000. ACCOUNT NAME DATE CREDIT DEBIT 3. June 5 Paid S600 cash for freight changes on the merchandise purchased on June 2. DATE ACCOUNT NAME DEBIT CREDIT 4. June 9 Sold merchandise for $3,900 cash that had a cost of $3,400. DATE ACCOUNT NAME DEBIT CREDIT