26) On January 2, 2021, Reynolds Warehouse purchases $850 of inventory on credit with the terms 2/10, 1/30. Joumalize the transaction for this purchase of inventory 27) Reynolds Warehouse returns $50 of merchandise on January 5, 2021. Journalize this transaction 28) Reynolds Warehouse pays for the purchase on January 9, 2021. Journalize this transaction. 29) 2pts. Hanford Inc. sold $1,000 of merchandise on credit to Marsdon Company on August 11, 2020. The cost of the merchandise Hanford sold was $400 Record the journal entry for Hanford (seller) for this transaction. There will be two journal entries for this transaction. (The account titles are: Merchandise Inventory, Accounts Receivable, Sales Revenue, and Cost of Goods Sold.)