Presented below are selected transactions for Sheffield Company during September and October of the current year. Sheffield usts a perpetual inventory system and the earnings approach. Sept. 1 Purchased merchandise on account from Hillary Company at a cost of $54,000, FOB destination, terms 1/15,n/30. 2 The correct company paid $2,000 of freight charges to Trucking Company on the September 1 merchandise purchase. 5 Returned for credit $2,750 of damaged goods purchased from Hillary Company on September 1. 15 Sold the remaining merchandise purchased from Hillary Company to Irvine Company for $102,500, terms 2/10,/30, FOB destination. 16 The correct company paid \$2,200 of freitht charges on the September 15 sale of merchandise. 17 Issued Irvine Company a credit of $5.500 for retumed goods, These goods had cost Stieffield Company $2.750 and were returned to inwentory 25 Received the balance owing from irvinc Company for the September 15 sale 30 Paid Hillary Company the balance owing for the September 1 purchase. Oct 1 Purchased merchandise on account from Kinnel Cornpany at a cont of $57,000, terms 2/10,n/30, FOB shipping point. 2. The correct compary poid freight costs of $1,100 on the October 1 purchase. purchased on Octotien 1. 10 Paid Kimmel Company the amount owing on the October 1 purchase. 11 Sold all of the merchandise purchased from Kimmel Company to Kieso Company for $109,500, terms 2/10,n/30, FOB shipping point. 12 The correct company paid $800 freight costs on the October 11 sale. 17 issued Kieso Company a sales allowance of $1,600 because some of the goods did not meet Kieso's exact specifications. 31 Received a cheque from Kieso Company for the balance owing on the October 11 sale. repare journal entries to record the above transactions for Sheffreld Company. (Credit account titles are automatically indented when ti mount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record ournat entries in the order presented in the problem. (ist all debit entries before credit entries.)