wordt med . de red Problem Solving Assignment Chapters help me sie Submit spred the n in the previous attempt Check my work Exercise 5-7 Recording sales, purchases, shipping, and returns-buyer and seller LO P1, P2 Sydney Retailing buyer) and Troy Wholesalers effer) enter into the following transactions May 11 Sydney accepts delivery of $20, SEE of merchandise it purchases for resale fr Trayinvoice datud May 11, fern 3/10, 7/90, FOB shipping point. The goods cost Tray $19,95. Sydney pays $53% cash to Express Shipping for delivery charges on the merchandise. 12 Sydney returns $1,20e of the $78,500 of soods to Troy, who receives then the same day and restores them to its inventory. The returned goods had cost Troy 1804. 20 Sydney pays Tray for the amount owed. Troy receives the cash immediately. Both Sydney and Troy use a perpetual inventory system and the gross method) 1. Prepare journal entries that Sydney Retailing (buyer) records for these three transactions 2. Prepare journal entries that Troy Wholesalers (seiler) records for these three transactions Complete this question by entering your answers in the tabs below. Required 1 Required 2 wordt med . de red Problem Solving Assignment Chapters help me sie Submit spred the n in the previous attempt Check my work Exercise 5-7 Recording sales, purchases, shipping, and returns-buyer and seller LO P1, P2 Sydney Retailing buyer) and Troy Wholesalers effer) enter into the following transactions May 11 Sydney accepts delivery of $20, SEE of merchandise it purchases for resale fr Trayinvoice datud May 11, fern 3/10, 7/90, FOB shipping point. The goods cost Tray $19,95. Sydney pays $53% cash to Express Shipping for delivery charges on the merchandise. 12 Sydney returns $1,20e of the $78,500 of soods to Troy, who receives then the same day and restores them to its inventory. The returned goods had cost Troy 1804. 20 Sydney pays Tray for the amount owed. Troy receives the cash immediately. Both Sydney and Troy use a perpetual inventory system and the gross method) 1. Prepare journal entries that Sydney Retailing (buyer) records for these three transactions 2. Prepare journal entries that Troy Wholesalers (seiler) records for these three transactions Complete this question by entering your answers in the tabs below. Required 1 Required 2