m.) PRACTICExlsx/a/doc/qa Use the following information for transactions 18 and 19. You are the SELLER. You sell merchandise on account for $11,500. The merchandise cost you $6,900. The terms are FOB shipping, 2/10, 130. You receive a bill from UPS for $280 for transportation costs The customer takes advantage of the sales discount when he pays you Record the following transactions. SPELLING COUNTS! Sale of the merchandise, taking into consideration transportation charges (if necessary Date Account Debit Credit 18 19. Receipt of payment from the customer Date Account Debit 19 Part 4 - Inventory Valuation Questions. Enter the accounts and amounts for each transaction The following is information regarding the purchases and sales of Commodity A3 The company uses a perpetual inventory system Use the FIFORLIFO inventory grids by clicking on the GRIDS tab below. A 40 W SUS m.) PRACTICExlsx/a/doc/qa Use the following information for transactions 18 and 19. You are the SELLER. You sell merchandise on account for $11,500. The merchandise cost you $6,900. The terms are FOB shipping, 2/10, 130. You receive a bill from UPS for $280 for transportation costs The customer takes advantage of the sales discount when he pays you Record the following transactions. SPELLING COUNTS! Sale of the merchandise, taking into consideration transportation charges (if necessary Date Account Debit Credit 18 19. Receipt of payment from the customer Date Account Debit 19 Part 4 - Inventory Valuation Questions. Enter the accounts and amounts for each transaction The following is information regarding the purchases and sales of Commodity A3 The company uses a perpetual inventory system Use the FIFORLIFO inventory grids by clicking on the GRIDS tab below. A 40 W SUS