Question 3 (25 marks) Toy Store and Toy Warehouse incurred the following transactions in November 2018: November 05: Toy Warehouse sold $ 75,000 toys to Toy Store. The sale had credit terms 2/10, n/30, FOB shipping. November 09: Toy Store returned $ 10,000 toys that it purchased on November 05. Toy Store received a credit memo for this. November 13: Toy Store paid $ 50,000 of the November 05 invoice amount that it owed to Toy Warehouse. November 19: Toy Store paid the remaining balance that it owed to Toy Warehouse. Required: A. Record these transactions on the accounting records of Toy Store. Explanations are not required when recording the journal entries. B. Then, record these transactions on the accounting records of Toy Warehouse. Explanations are not required when recording the journal entries. Both businesses used the periodic inventory system. Discounts were permitted on particular payments