Chegy Tutor Online Trio X + ll ** # AB Electronics buys smart tablet for $350 each and sells them for $420 each. On 1 March 2020, 7 smart tablets were in inventory. AB Electronics buys completed the transactions below during March. Date Transaction March 2 Purchased 20 smart tablets on account. Terms: 2/10, n/30, EXW supplier's warehouse. Pald freight cost of $100 5 Sold 5 smart tablets on account. Terms: 3/10, 1/30, DDP acquirer's warehouse. Paid freight cost of $80. 8 Returned 1 of the smart tablets purchased on 2 March and paid the amount due on the smart tablets retained in stock. 10 A customer returned 1 of the smart tablet sold on 4 March. The smart tablet were not defective and were returned to stock. 4 Page 5 of 5 12 Received payment from customer for the amount due on 5 March sale. 16 Sold 4 smart tablets for cash at S400 each. 31 A physical inventory count showed one smart tablet was missing. After thoroughly search the item, you decided to record it as a stock loss expense. Activate Windows Go to Settings to activate Windows Required Using a perpetual inventory system, prepare general journal entries to record the above transactions, w Type here to search O e AP 16 ENG 12.05 PM 5/18/2020