Try another version of this question Consider the following transactions for Funtime Gadgets: August 8 Funtime Gadgets buys $132,000 worth of merchandise from Gadget Warehouse on account with credit terms of 2/10, n/30. August 9 Funtime Gadgets returns $13,000 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 8 August 8 August 9 August 9 August 17 August 17 August 17 Date Description Debit Credit August 8 Merchandise Inventory 132,000 August 8 A/P-Gadget Warehouse 132,000 August 9 A/P-Gadget Warehouse 13,000 August 9 Merchandise Inventory 13,000 August 17 A/P-Gadget Warehouse 119,000 August 17 Merchandise Inventory 2,380 August 17 Cash 116,620