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QUESTION 5 Sony Company had the following transactions in December: Dec. 2 Sony purchased $300,000 merchandise inventory on account terms, 2/10, 1/30, FOB shipping point Dec. 4 Sony returned $70,000 of the merchandise purchased on Dec. 2 because it was defective. Dec. 10 Sony paid the invoice dated Dec 2 less returns and discount Required: Prepare journal entries for these 3 transactions assuming Sony uses a perpetual invertory system. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI VS Paragraph Arial 10pt : E A X X ST T 15 T: v x - ! WI | 0