Consider the following transactions for Toys and More: (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Toys and More? explanations from journal entries.) May 8: Toys and More purchased $113,300 worth of MegoBlock toys on account with credit terms of 2/10, n/60. Date May 8 Accounts Merchandise Inventory Accounts Payable-MegoBlock Debit Credit 113,300 113,300 May 12: Toys and More returned $11.250 of the merchandise to MegoBlock due to damage during shipment. Date May 12 Accounts Debit Credit