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N Can't 2) Accounts Receivable Transactions 7 marks) Mocup Company sells beverage supplies. The company has a return policy of 10 days from the date

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N Can't 2) Accounts Receivable Transactions 7 marks) Mocup Company sells beverage supplies. The company has a return policy of 10 days from the date of ale and uses the perpetual inventory system. The following transactions occurred during the month of November Nov. 4 Sold merchandise for $ 800 on account to Java Joe, terms 2/10, n/30. The original cost of the merchandise to MegaCup was $ 300. Java Joe returned goods with a selling price of $ 100 and a cost of $ 38. The goods are restored to inventory. 14 Received the correct payment from Java Joe. Instructions Prepare journal entries to record the transactions for Moca Capa Company

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