Try another version of this question Consider the following transactions for Funtime Gadgets: August 7 Funtime Gadgets buys $133,800 worth of merchandise from Gadget Warehouse on account with credit terms of 2/10, n/30. August 10 Funtime Gadgets returns $14,700 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 10 August 10 August 16 August 16 August 16 Date Description Debit Credit August 7 Merchandise Inventory 133,800 August 7 A/P-Gadget Warehouse 133,800 August 10 A/P-Gadget Warehouse 14,700 August 10 Merchandise Inventory 14,700 August 16 A/P-Gadget Warehouse 119,100 August 16 Merchandise Inventory 2,382 August 16 Cash 116,718