Try another version of this question Consider the following transactions for Funtime Gadgets: August 4 Funtime Gadgets buys $147,900 worth of merchandise from Gadget Warehouse on account with credit terms of 2/10, n/30. August 12 Funtime Gadgets returns $14,600 of the merchandise to Gadget Warehouse due to damage during shipment. August 17 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 17 August 17 August 17 Date Description Debit Credit August 4 Merchandise Inventory 147,900 August 4 A/P-Gadget Warehouse 147,900 August 12 A/P-Gadget Warehouse 14,600 August 12 Merchandise Inventory 14,600 August 17 A/P-Gadget Warehouse 133,300 August 17 Merchandise Inventory 2,666 August 17 Cash 130,634