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Journalize 1) Sept 8: Bonzos toys buys 116,300 worth of Pegablock toys on account with credit terms 2/10, n/45 2) Sept 13: Bonzos toys returns
Journalize 1) Sept 8: Bonzos toys buys 116,300 worth of Pegablock toys on account with credit terms 2/10, n/45 2) Sept 13: Bonzos toys returns 11,550 of the merchandise to Pegablock due to the damage during shipment. 3) Sept 16: Bonzos toys paid the amount due, less the return and discount. 4)In the final analysis, how much did the inventory costs Bonzo's Toys?
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