Journalize the following transactions for Acme Corporation: March 1 Acme Corporation sold $124,300 of merchandise on account to W.E. Coyote Co. with credit terms of 2/10,n/30,FOB Shipping Point. Cost of merchandise sold was $73,700. March 4 Acme Corporation paid $160 shipping charges to benefit W.E. Coyote Co., charges were added to the bill. March 5 W.E. Coyote Co. returns $20,300 of damaged merchandise. The cost of merchandise returned was $11,300. March 11 W.E. Coyote Co. paid the amount owed, less return and discount. March 5 W.E. Coyote Co. returns $20,300 of damaged merchandise. The cost of merchandise returned was $11,300. March 11 W.E. Coyote Co. paid the amount owed, less return and discount