Try another version of this question Consider the following transactions for Funtime Gadgets: August 7 Funtime Gadgets buys $131,400 worth of merchandise from Gadget Warehouse on account with credit terms of 2/10, n/30. August 9 Funtime Gadgets returns $14,500 of the merchandise to Gadget Warehouse due to damage during shipment. August 14 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 14 August 14 August 14 Date Description Debit Credit August 7 Merchandise Inventory 131,400 August 7 A/P-Gadget Warehouse 131,400 August 9 A/P-Gadget Warehouse 14,500 August 9 Merchandise Inventory 14,500 August 14 A/P-Gadget Warehouse 116,900 August 14 Merchandise Inventory 2,338 August 14 Cash 114,562