Tim Simpletan owns a variety store called Tiny Tim Center, Journalize the following purchases of inventory, returns, and discounts for the month of November Use the gross price method Nov 1 Purchased $4,000 of merchandise from Hilltop Caterers on account, Invoice 1234 with a 10% trade discount Credit terms 7/10, n/30 1 Paid rent for the month of November Issued Check 5142 for $1,400 5 Purchased merchandise from Owen's Supply Co Issued Check 5143 for $1,750 7 Purchased $3,400 of merchandise from Seaside Co on account, Invoice 7438 Credit terms 1/15, 130 10 Returned 5500 of the merchandise from Seaside Co Received Credit Memo 131 11 Paid Invoice 1234 to Hilltop Caterers, issued Check 5144 for $3,528 12 Purchased $4,700 of merchandise (included $200 freight) from Winding Willow Co on accountInvoice 5139. Credit terms 3/15/30, FOB shipping point. 17 Purchased $320 of office supplies from Turnkey Co on account, Invoice 8320 Credit terms 2/10, 1/30. 22 Paid Invoice 7438 to Seaside Co Issued Check 5145 for $2,871 Paid Invoice 5139 to Winding Willow Co. Issued Check 5146 for $4,565 T an amount box does not require an entry leave it blank Page: 1 DATE POST DESCRIPTION REF. DEBIT CREDIT 1 Nov. 1 Purchases 3.00 1 12 Accounts Payable/Hilltop Caterers 3.6002 3 Nov. 1 Rent Expense 3 Accounts Receivable/Hilltop Caterers 4 5 Nov 5 5 6 6 7 4 Nov. 2 1 Nov 1 2000 2 Purchases Accounts Payable/Hilltop Caterers Rent Expense Accounts Receivable/Hilltop Caterers 02 3 Nov. 1 3 4 4 5 Nov s 5 6 6 7 Nov, 2 7 8 8 9 Nov. 10 9 10 10 11 Nov. 11 11 12 13 14 Nov. 12 12 13 15 14 15 16 17 Nov 12 18 16 17 18 19 19 Nov. 22 20 20 21 21 22 Nov. 27 22 23 23 24