Try another version of this question Consider the following transactions for Funtime Gadgets: August 4 Funtime Gadgets buys $130,300 worth of merchandise from Gadget Warehouse on account with credit terms of 2/10, n/30. August 12 Funtime Gadgets returns $14,500 of the merchandise to Gadget Warehouse due to damage during shipment. August 18 Funtime Gadgets paid the amount due, less the return and discount. Journalize the purchase transactions. Finally, how much did the inventory cost Funtime Gadgets? $ Date Description Debit Credit August 4 August 4 August 12 August 12 August 18 August 18 August 18 Date Description Debit Credit August 4 Merchandise Inventory 130,300 August 4 A/P-Gadget Warehouse 130,300 August 12 A/P-Gadget Warehouse 14,500 August 12 Merchandise Inventory 14,500 August 18 A/P-Gadget Warehouse 115,800 August 18 Merchandise Inventory 2,316 August 18 Cash 113,484