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Problem 3 - Record the following transactions for Retailer Company in the general journal. 1/1...

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Problem 3 - Record the following transactions for Retailer Company in the general journal. 1/1 Purchased $3,000 of merchandise from Vendor Co. with terms of 1/10 n/30 (invoice #723). 1/2 Paid $150 in shipping costs for merchandise purchased from Vendor Co. (ck #843). 1/5 Returned $400 of goods to Vendor Co. and received credit memo #22. 1/7 Sold $6,000 of goods to Client Co. with terms of 2/10 n/40 (the goods cost $3,900). 1/8 Paid Vendor Co. with check #844. 1/10 Purchased $6,000 of goods for resale from Wholesaler Co. with terms 3/5 n/45 (invoice #298). 1/11 Client Co. returned $800 of merchandise and we issued credit memo #87. 1/12 Sold $3,000 of merchandise to Consumer Co. with terms 2/10 n/40 (the goods cost $1,800) 1/14 Received payment from Client Company. 1/25 Issued check #845 to Wholesaler Co. 1/28 Received payment from Consumer Co

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