following information to complete questions 51-52 jse dted below are transactions for Amazing Retailer Inc. ober 20. Sold merchandise for $30,000 on account to Dixty Ltd., terms 2/10, n/30, FOB shipping (??? oint. The merchandise had a cost of $18,000. Freight charges, $750, were paid by the appropriate company October 21. Dixty returned $5000 of merchandise for credit on account. The merchandise originally cost $3000 and was restored to inventory October 29 Dixty paid Amazing Retailer Inc. S1. Assuming the company uses a perpetual inventory system, the journal entries to record the above transactions would be: October 20 Accounts Receivable.. 30,000 Sales 30,000 Cost of Goods Sold.. 18,000 18,000 Merchandise Inventory 5,000 October 2 Sales Returns and Allowances Accounts Receivable 5,000 3,000 Merchandise Inventory 3,000 Cost of Goods Sold. 24,500 500 October 29 Cash Sales Discount 25,000 30,000 October 20 Accounts Receivable. Sales... 1 8,000 Cost of Goods Sold 18,000 Merchandise Inventory 750 Merchandise Inventory 750 5,000 Sales Returns and Allowances 5,000 October 21 Accounts Receivable 3,000 Merchandise Inventory Cost of Goods Sold 24.500 500 Cash Sales Discount October 29 25,000 30,000 Accounts Receivable... Sales Returns and Allowances Cash October 20 30,000 October 21 5,000 Accounts Receivable 25,000 October 29 25,000 30,000 20 Accounts Receivabl 30,000 Sales... 18,000 Cost of Goods Sold Merchandise Inventory... 5,000 October 21 Sales Returns and Allowances 5,000 ise Inventory 25,000 October 29 Cash 25,000 Accounts Receivable