Try another version of this question Consider the following transactions for Funtime Gadgets: August 7 Funtime Gadgets buys $140,600 worth of merchandise from Gadget Warehouse on account with credit terms of 2/10, n/30. August 12 Funtime Gadgets returns $14,700 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 7 August 7 August 12 August 12 August 18 August 18 August 18 Date Description Debit Credit August 7 Merchandise Inventory 140,600 August 7 A/P-Gadget Warehouse 140,600 August 12 A/P-Gadget Warehouse 14,700 August 12 Merchandise Inventory 14,700 August 18 A/P-Gadget Warehouse 125,900 August 18 Merchandise Inventory 2,518 August 18 Cash 123,382