Joe Owns an Auto Parts Store Called Joe's Auto Care $\text {November 7}$

Essay

Joe owns an auto parts store called Joe's Auto Care.The following transactions took place during November of the current year.
$\text {November 7}$ $\quad$$\text { Purchased merchandise on account from Wheeler Auto for \(\$ 4,300\).}$
$\text {November 9}$ $\quad$$\text {Paid freight charges of \(\$ 230\) on merchandise purchased on the 7 th.}$
$\text {November 11}$ $\quad$$\text { Sold merchandise on account to Lancaster Auto Sales for \(\$ 3,500\). The cost of the merchandise was \(\$ 2,500\).}$
$\text {November 13}$ $\quad$$\text {Received a credit memo from Wheeler for merchandise returned, \(\$ 670\).}$
$\text {November 20}$ $\quad$$\text { Issued a credit memo to Lancaster Auto Sales for merchandise returned, \(\$ 820\). The cost of the merchandise is \(\$ 550\).}$ Journalize the above transactions using the periodic inventory system.