Q1 The following are some transactions that occur in TOYOTA company during 2020 1- In 1/March, company purchased Merchandise for 400,000 on account with trade discount %5, and with terms 4/10 3/15. 1/20, n/60. 2-4 March TOYOTA company Paid 50.000 cash. 3- 12) March TOYOTA company Paid 60,000 cash 4- 16/ March TOYOTA company paid 70,000 5- 3 May company paid the remaining cash Required: record the accounting entries that necessary and T-account for Merchandise and A/P