Solve using the same format as the provided journal below. I will also post an example of this type of problem done previously.

Example Below:

Part 1 Accounting for Merchandise Inventory Purchases Journalize the following transactions of Martinez Company for April in the journal page provided: 2022 Apr 2 Purchased merchandise from Kershaw Co. $50,000, terms FOB shipping point, 1/10, net 30 . Apr 5 Purchased merchandise from Jansen Co. $30,000, terms FOB shipping point, 2/10, net 30 . Jansen added $150 for the freight to the invoice to ship the product to Martinez. Apr 6 Paid the freight of $200 for the purchase of the merchandise from Kershaw Co. Apr 7 Returned $5,000 of merchandise to Jansen Co. Apr 12 Paid the amount due to Kershaw Co. Apr 28 Paid the amount due to Jansen Co. art 1- Journal Page 1 \begin{tabular}{|l|l|l|l|l|} \hline Date & Accounts and Explanations & Debit & Credit \\ \hline & & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} Required: Prepare the journal entries for the Schilling Corporation in the general journal provided. Sep3681115172131PaidtheamountdueRiceCompany.PurchasedmerchandisefromNixonCompany,$30,000,termsFOBShippingPoint,1/15,n/45.Purchased$25,000ofmerchandisefromRiceCompany,termsFOBDestination,n/30.Paidthefreightinvoiceof$250relatedtotheSeptember1purchase.Returned$5,000ofSeptember3purchaseofmerchandisebacktoRiceCompany.PurchasedmerchandisefromBurlesonCompany,$20,000,termsFOBShippingPoint,2/10,n/30.PaidNixonCompanyfortheinvoiceofSeptember1.Point,cashondelivery.Paidthefreightinvoiceof$100relatedtotheSeptember17purchase.