View Policies Current Attempt in Progress Prepare the journal entries to record the following purchase transactions in Sarasota inc's books. Sarasota uses a perpetual inventory system. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts Jan 2 5 Sarasota purchased goods for $56,700 from Fundy Corp. terms /45. Foe destination. The appropriate company paid freight costs of $1,180 Sarasota returned 57,560 of the goods purchased on January 2, because they were not needed. Sarasota paid the balance owed to Fundy. 11 Date Account Titles and Explanation Debit Credit