Question: Examination #3 - Problems Chapters 5-6 Fall, 2021 Saved A company has the following transactions during March: 20 March 3 Purchases inventory on account for

Examination #3 - Problems Chapters 5-6 Fall, 2021 Saved A company has the following transactions during March: 20 March 3 Purchases inventory on account for $3,600, terms 2/10, n/30. March 5 Pays freight costs of $240 on inventory purchased on March 3. March 6 Returns inventory with a cost of $700. March 12 Pays the full amount due on March 3 purchase. 13 March 29 Sells all inventory purchased on March 3 (less those returned on March 6) for $5,200 on account. points Record all transactions, assuming the company uses a perpetual inventory system. (If no entry is required for a particule transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 3 4 5 6 Record the purchase of inventory on account for $3,600, terms 2/10, n/30

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