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Exercise 4 (30 points) On March 1, Wine Supply AS had an inventory of 30 bottles of wine at a cost of €212 each

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Exercise 4 (30 points) On March 1, Wine Supply AS had an inventory of 30 bottles of wine at a cost of €212 each. The company uses a perpetual inventory system. During March, the following transactions occurred. #1: Purchased on account 90 bottles of wine at €200 each from Bordeaux Wine. #2: Paid freight of €1,080 (cash) on wine purchased from Bordeaux #3: Returned 3 bottles to Bordeaux for €636 cash (including freight) because they did not meet specifications. #4: Sold 28 bottles costing each €212 (including freight) for €313 each on account to Village Wine Store, terms n/30. #5: Granted credit of €313 to Village Wine Store for the return of one bottle that was not ordered #6: Sold 40 bottles costing each €212 for €350 each on account to Holiday Wine Shop, terms n/30 Instructions Journalize the transactions D