QUESTION 4 (30 POINTS) Journalize the following No explanations are needed. transactions tha t occurred in February 2017 for Stanley's Amuseme Feb. 3 Purchased merchandise inve 2/10, n/eom, FOB shipping point. ntory on account from Vain Company, $ 2,800. Terms Paid freight bill of $ 175 on February 3 purchase. Returned half the merchandise purchased on February 3 from Vain Company Sold merchandise in point. Sold merchandise inventory to Kendall Florist, $ 9,400, on account, terms of 3/10,n/30. Cost of goods sold, $4,600. FOB shipping point. 12 15 Paid freight bill of $ 75 on February 12 sale. Sold merchandise inventory to Charles Co., $9,000, on account, terms of 3/10,n/30 Cost of goods sold, $ 4,000. FOB destination. 19 23 After negotiations, granted a $ 700 allowance to Kendall on February 12 sale Purchased inventory of $ 5,500 on account from Omar Services. Payment terms were 2/15,n/30. Cost of goods sold $ 2,300, FOB shipping point. 25