Try another version of this question Consider the following transactions for Williams Pharmacy: March 2 Williams Pharmacy buys $24,000 worth of inventory on account with credit terms of 2/15, n/30, FOB shipping point. March 5 Williams Pharmacy pays a $170 freight charge. March 11 Williams Pharmacy returns $5,900 of the merchandise due to damage during shipment. March 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 March 2 March 2 March 5 March 5 March 11 March 11 March 18 March 18 March 18 Date Description Debit Credit March 2 Merchandise Inventory 24,000 March 2 A/P 24,000 March 5 Merchandise Inventory 170 March 5 Cash 170 March 11 A/P 5,900 March 11 Merchandise Inventory 5,900 March 18 A/P 18,100 March 18 Merchandise Inventory 362 March 18 Cash 17,738