For a company that uses a perpetual inventory system, which of the following transactions decrease (credit) the Inventory account? Select all that apply. Select one or more: The company pays freight to ship merchandise it sold to a customer. The company pays for freight on goods it purchased. The company pays for goods it previously purchased, receiving a discount for paying within the discount pe The company sells merchandise to a customer. Question 20 Which of the following account is classified as a contra revenue account? Not yet answered Points out of 1.00 Select one: O Cost of Goods Sold O Freight Out O Sales Returns and Allowances Flag question O Purchase Discounts O Sales Revenue Question 21 Not yet answered On March 1, 20X1, Jenny Company sells merchandise on account for $10,000 to Forrest Company with credit terms of 3/10, 1/30 (the cost of the merchandise sold was $6,000). On March 6, 20X1, Forrest Company returns $2,000 of merchandise that was damaged (the cost of the merchandise returned was $1,200). On March 9, Jenny Company receives payment from Forrest Company Points out of 1.00 Flag question In the journal entry to record Forrest Company's payment on March 9, Jenny Company will credit (decrease) Accounts Receivable by how much