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Question 14 On Nov 11. Al Ain Co. accepts delivery of $140,000 of merchandise purchases for resale from Dubal Corporation with the hands 2/10, 1/80,

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Question 14 On Nov 11. Al Ain Co. accepts delivery of $140,000 of merchandise purchases for resale from Dubal Corporation with the hands 2/10, 1/80, FOB shipping point. The good cost Dubal $85,000. When the goods receivered, Al Ain paya 33.400 to Express thing to deliver On Nov 12, Al Ain returns $18.400 of goods to Dubal, which receive them two days later and restores to inventory. The warned goods had 20. mais a check to Dual Corporation for the amount owed. Dubai receives at the following day (Both Al Ain and Dunes perpen Wertory a) Prepare journal entries that Alain Co. moords for these transactions b) Prepare journal entries that Dubai Corporation records for these transactions For the toolbar, press ALT FID(P) or ALT+F10 (Mad Paraph Arial 1001 IE 2 d 5 +

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