On December 1, $22,000 was paid on accounts payable (this one is done for you in the general journal). On December 2, $12,000 in widgets were sold to a customer on account with the following credit terms: 2/10, n/30, FOB shipping point. The widgets sold cost Journey Inc. $5,500 and were shipped on the same day sold to the customer. On December 4, Journey Inc. purchased $8,200 in widgets on account to sell to customers in the future. Terms were 1/10, n/30, FOB destination, and the merchandise was delivered by the end of the day, December 4. On December 6, Journey Inc. issued a credit memo for $1,000 for returned widgets. The merchandise was originally purchased on 12/4 and returned because it was the wrong items. The merchandise cost Journey Inc. $450. On December 8, Journey Inc. received $1,200 from a customer for revenue previously recognized in October. On December 12, the company received the balance due from the December 2 customer within the discount period. On December 14, Journey Inc. paid the full amount due on account within the 10 day grace period. Journey's board of directors declared dividends on December 20 to be paid on January 10th in the amount of $5,000. On December 23, the corporation sold widgets to a customer for $24,000 on account with the following credit terms: 2/10, n/30, FOB shipping point. The widgets cost $11,200 and were shipped that day. On December 29, Journey Inc. received a utility bill to be paid in January in the amount of $1,200. On December 30, the corporation purchased $724 in office supplies. Journey paid for half of the amount with cash, and the other amount was put account, n/30.