Try another version of this question Consider the following transactions for Funtime Gadgets: August 7 Funtime Gadgets buys $132,400 worth of merchandise from Gadget Warehouse on account with credit terms of 2/10, n/30. August 9 Funtime Gadgets returns $13,100 of the merchandise to Gadget Warehouse due to damage during shipment. August 16 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 9 August 9 August 16 August 16 August 16 Date Description Debit Credit August 7 Merchandise Inventory 132,400 August 7 A/P-Gadget Warehouse 132,400 August 9 A/P-Gadget Warehouse 13,100 August 9 Merchandise Inventory 13,100 August 16 A/P-Gadget Warehouse 119,300 August 16 Merchandise Inventory 2,386 August 16 Cash 116,914