Check my workCheck My Work button is now enabledItem 28 Required information Skip to question [The following information applies to the questions displayed below.] Piere Imports uses the perpetual system in accounting for merchandise inventory and had the following transactions during the month of October. Oct. 2 Purchased merchandise at a $3,000 price ($2,940 net), invoice dated October 2, terms 2/10, n/30. 10 Received a credit memorandum toward the return of $500 ($490 net) of merchandise that it purchased on October 2. 17 Purchased merchandise at a $5,400 price ($5,292 net), invoice dated October 17, terms 2/10, n/30. 27 Paid for the merchandise purchased on October 17, less the discount. 31 Paid for the merchandise purchased on October 2. (Payment was mistakenly delayed, which caused the discount to be lost.) (b) Prepare entries to record the above transactions assuming that Piere Imports records invoices at net amounts.