Try another version of this question Consider the following transactions for Funtime Gadgets: May 5 Funtime Gadgets buys $142,400 worth of merchandise from Gadget Warehouse on account with credit terms of 2/10, n/30. May 11 Funtime Gadgets returns $13,300 of the merchandise to Gadget Warehouse due to damage during shipment. May 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 May 5 May 5 May 11 May 11 May 18 May 18 May 18 Date Description Debit Credit May 5 Merchandise Inventory 142,400 May 5 A/P-Gadget Warehouse 142,400 May 11 A/P-Gadget Warehouse 13,300 May 11 Merchandise Inventory 13,300 May 18 A/P-Gadget Warehouse 129,100 May 18 Merchandise Inventory 2,582 May 18 Cash 126,518