ce: 1 hour, 38 minutes, 26 seconds. mpletion Status: to cash and Cr. to sales, $4,000 Dr. to accounts receivable and Cr. to sales, $2,000 QUESTION 7 Sony Company had the following transactions in December Dec. 2 Dec. 4 Dec. 10 Sony purchased $300,000 merchandise inventory on account terms, 2/10, n/30, FOB shipping point Sony returned $70,000 of the merchandise purchased on Dec. 2 because it was defective Sony paid the invoice dated Dec 2 less returns and discount. Required: Prepare journal entries for these 3 transactions assuming Sony uses a perpetual inventory systems For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph v Arial 10pt P Click Save and Submit to save and submit. Click Save All Answers to save all answers esc 3 O 113 W d