More info Apr. 7 Funtime Toys purchased $114,300 worth of MegoBlock toys on account with credit terms of 2/10,n/45. Apr. 13 Funtime Toys returned $11,350 of the merchandise to MegoBlock due to damage during shipment. Apr. 16 Funtime Toys paid the amount due, less the return and discount. Consider the following transactions for Funtime Toys: (Click the icon to view the transactions.) Requirements 1. Journalize the purchase transactions. Explanations are not required. 2. In the final analysis, how much did the inventory cost Funtime Toys? Requirement 1. Journalize the purchase transactions. Explanations are not required. (Assume the company uses a perpetual inventory system. Record debits first, then credits. Exclude explanations from journal entries.) Apr. 7: Funtime Toys purchased $114,300 worth of MegoBlock toys on account with credit terms of 2/10,n/45