Try another version of this question Consider the following transactions for Williams Pharmacy: October 2 Williams Pharmacy buys $24,100 worth of inventory on account with credit terms of 2/15, n/30, FOB shipping point. October 4 Williams Pharmacy pays a $180 freight charge. October 11 Williams Pharmacy returns $7,100 of the merchandise due to damage during shipment. October 18 Williams Pharmacy paid the amount due, less return and discount. Journalize the purchase transactions. Finally, how much did the inventory cost Williams Pharmacy? $ Date Description Debit Credit October 2 October 2 October 4 October 4 October 11 October 11 October 18 October 18 October 18 Date Description Debit Credit October 2 Merchandise Inventory 24,100 October 2 A/P 24,100 October 4 Merchandise Inventory 180 October 4 Cash 180 October 11 A/P 7,100 October 11 Merchandise Inventory 7,100 October 18 A/P 17,000 October 18 Merchandise Inventory 340 October 18 Cash 16,660