Question 3: (8 marks each transaction 1 mark) Presented below is information for two different companies. 1. On Jan 5, Alhekma Co purchased merchandise on account from Maha Company for $100,000, terms 8/10, net 30, FOB shipping point. 2. On Jan 6, Alhekma paid freight costs of $950 on merchandise purchased from Maha Company. 3. On Jan 10, Alhekma retured some of Jan 5 merchandise, which cost $10,000, to Maha Company. 4. On Jan 14, Alhekma paid the amount due to Maha Company in full. Instructions 2. Prepare the journal entries to record these transactions on the books of Alhekma Co. using a periodic inventory system. 1. Prepare the journal entries to record these transactions on the books of Maha Co. using a periodic inventory system. Date Account title and transaction Debit Credit TIENTEN Date Account title and transaction Debit Cred