Journal entry worksheet Note: Enter debits before credits. Journal entry worksheet Dollar Store pays cash for the November 1 purchase. Note: Enter debits before credits. Journal entry worksheet Dollar Store pays $145 cash for transportation costs for the November 1 purchase. Note: Enter debits before credits. Following are the merchandising transactions of Dollar Store. November 1 Dollar Store purchases merchandise for $2,900 on terms of 2/5,n/30, F0B shipping point, invoice dated November 1. November 5 Dollar Store pays cash for the November 1 purchase. November 7 Dollar Store discovers and returns $200 of defective merchandise purchased on November 1 , and paid for on November 5, for a cash refund. November 10 Dollar Store pays $145 cash for transportation costs for the November 1 purchase. November 13 Dollar Store sells merchandise for $3,132 with terms n/30. The cost of the merchandise is $1,566. November 16 Merchandise is returned to the Dollar Store from the November 13 transaction. The returned items are priced at $280 and cost $140; the items were not damaged and were returned to inventory. Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method. Journal entry worksheet 45678 Dollar Store purchases merchandise for $2,900 on terms of 2/5,n/30, FOB shipping point, invoice dated November 1. Note: Enter debits before credits. Journal entry worksheet Dollar Store sells merchandise for $3,132 with terms n/30. Note: Enter debits before credits. Journal entry worksheet 1 5 Merchandise is returned to the Dollar Store from the November 13 transaction. The returned items are priced at $280. Note: Enter debits before credits. Journal entry worksheet The returned items cost $140; the items were not damaged and were returned to inventory. Note: Enter debits before credits. Journal entry worksheet 8 Dollar Store discovers and returns $200 of defective merchandise purchased on November 1 , and paid for on November 5 , for a cash refund. Note: Enter debits before credits