Problem 4-2A Preparing journal entries for merchandising activities perpetual system LO P1, P2 Prepare ouma entries to record the following merchandising transactions of Lowe's, which uses the perpetui tory and the gross method Hint it will help to ide each recewable and payable for example, record the purchase on Augustin Accounts Payable Aron) I Purchased and for company for $5.000 de credit t ot 1/11, 30. O , 5 Bold marchandise taald Corp. te 13,510 ter of 2/10, 60. Pos destination, voire de August 5. The merchandisha Purchased and free Matere pris for 10.000 de credit tama at W18, /43, POB shipping po Schandise tree the state that had t o an old for 1.008. The te negatietig water creditora das frases to ga ng gebers the purchase a quat , va received pide etio of 43 of the stof purchased ses for free charges on the agunt 1 p hase, vaxing the mounted 16 het water C 1 bold handen ration for the er et purchase less the pillows frut of name B inet 21 Tue requested. prie reis on the Age 19 let the merchandise did not meet specifications. Les tux = 350 creditoru toard the 13,03 Lavoice to resolve the issue 23 Received the call for the due to the 19 sale Les the price allow Fale Canye r e purchase Journal entry worksheet end 10,30 r on , any for $5.000 de cream of dated Augusti