Try another version of this question Consider the following transactions for Williams Pharmacy: November 3 Williams Pharmacy buys $21,100 worth of inventory on account with credit terms of 2/15, n/30, FOB shipping point. November 7 Williams Pharmacy pays a $140 freight charge. November 12 Williams Pharmacy returns $5,300 of the merchandise due to damage during shipment. November 16 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 November 3 November 3 November 7 November 7 November 12 November 12 November 16 November 16 November 16 Date Description Debit Credit November 3 Merchandise Inventory 21,100 November 3 A/P 21,100 November 7 Merchandise Inventory 140 November 7 Cash 140 November 12 A/P 5,300 November 12 Merchandise Inventory 5,300 November 16 A/P 15,800 November 16 Merchandise Inventory 316 November 16 Cash 15,484