Section 3: Using the boxes below and write the journal entry for each transaction. Magnesium Inc, uses a perpetual inventory system. During April, the following transactions occurred: Apr 3 Purchased $2,000 of merchandise, terms 3/10, n/60. Apr 6 Returned $300 of the merchandise purchased on April 3. Apr 7 Paid freight charges of $150 on goods purchased on April 3. Apr 12 Paid for the goods purchased on April 3. Apr 13 Sold goods costing $600 on credit for $1,000, terms 2/10, n/45. 682