e Remaining Time: 1 hour, 07 minutes, 39 seconds. Question Completion Status Moving to another question will save this response Question 8 Prepare the journal entry for the following transactions for Famous Company. Famous Company is a merchandising company that trades in electronic devices Aug 11 Aug 3 Aug 7 Purchased 8.000 BD of merchandise inventory and immediately paid 8,000 BO cash Paid 300BD cash for shipping the merchandise purchased on Aug 3 Sold 7,000 BD worth of merchandise inventory to Relief Company on credit. The agreed selling price was 12.000 60 Creat terms are 6/10.30. FO shipping point. Relief Company paid 200 BD for the transportation fees to the shipment company (NOT Famous Company) Answer in the following format [Note This is just an example and is not related to the question Jan 1 Dr. Cash 120 Cr. Owner capital 120 For the toolbar, press ALT+F10 (PC) or ALT+FN-F10 (Mac BIVS Paragraph Arial 3 1004 Ex