12. Prepare the necessary journal entries on the books of Ahmed Car wash Company to record the following transactions, assuming a perpetual inventory system is used. Ahmed purchased the goods from ABC Company. (3 marks) a) Ahmed purchased S55,000 of merchandise from ABC Company on account, terms 3/10, n/30. The goods cost ABC Company $32,500. Ahmed returned $6,000 of damaged merchandise for credit. Ahmed paid for the merchandise purchased within 10 days (b) (c) i) Prepare the necessary journal entries on the books of DENIM Carpet Company to record d. DENIM the following transactions, assuming a perpetual inventory system is use purchased the goods from DBA Company. (3 marks) (a) DENIM purchased $45,000 of merchandise from DBA Company on account, terms 2/10, (b) (c) n/30. DENIM returned $4,000 of damaged merchandise for credit. DENIM paid for the merchandise purchased within 10 days