2) Accounts Receivable Transactions (7 marks) Megacup Company sells beverage supplies. The company has a return policy of 10 days from the date of sale and uses the perpetual inventory system. The following transactions occurred during the month of November Nov. 4 Sold merchandise for S 800 on account to Java Joe terms 2/10, n/30, The original cost of the merchandise to MegaCup was $ 300. 8 Java Joe returned goods with a selling price of $ 100 and a cost of $ 38. The goods are restored to inventory. 14 Received the correct payment from Java Joe. Instructions Prepare journal entries to record the transactions for Moca Capa Company