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Consider the following transactions for Toys and More: (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not

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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? Requirement 1. Journalize the purchase transactions. Explanations are not required. (Assume the company uses a perpetual invento 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 Debit Credit

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