Question 4 (8 points) Saved Prepare General Journal entries to record the following perpetual system merchandising transactions for Wiebe Sales Co. Nov 10 Nov 13 Nov15 Nov 25 Nov 27 Sold to Sacks and More Inc., merchandise with a cost of $6,200 for $8,500, terms 1/10, n/30, FOB shipping point. Purchased merchandise from Hank's Warehouse, terms 2/15, n30, FOB shipping point, invoice price $6,300. The correct company paid freight costs of $375 for the November 13 transaction. Paid for the merchandise purchased on Nov 13. Sacks and More Inc. returned $2,500 of merchandise because it was the wrong model. The cost of the merchandise was $1,900 and the merchandise was returned to inventory.