Prepare the journal entries to record the following transactions on Maisel Company's books using a perpetual inventory system: 16 points . On February 6, Maisel Company sold $105,000 of merchandise to Lenny Company, terms 2/10, net/30. The cost of the merchandise sold was $70,000. On February 8, Lenny Company returned $14,000 of the merchandise purchased on February 6. The cost of the merchandise returned was $9,000. On February 12, Maisel Company received the balance due from Lenny Company.