QUESTION 2 7 points Save Answer Sony Company had the following transactions in December Dec. 2 Sony purchased $300,000 merchandise inventory on account terms, 2/10, n/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 inventory system For the toolbar, press ALT F10 (PC) or ALT-FNF10 (Mac). BIVS Paragraph Arial 10pt I % OG 2 O WORDS POWERED BY TINY