Question 9 (2 points An electronics retailer purchases $20.000 of computers for resale. The retailer spends 5500 in cash for transportation cost. Under a perpetual inventory system the journal entry to record the purchase will include 520,000 will be credited to inventory and $20,000 will be credited to Purchases 520,000 will be debited to inventory and 520,000 will be credited to Cash 520,500 will be debited to inventory, 520,000 will be credited to Accounts Payable, and 5500 will be credited to Cash 520,500 will be debited to costs of goods sold and 520,500 will be credited to Accounts Payable Question 10 When goods are sold to a customer with credit terms of 2/15, n/30, the customer will: receive a 15% discount if they pay within 30 days. receive a 15% discount if they pay within 2 days, receive a 2% discount if they pay within 15 days. receive a 2% discount if they pay 15% of the amount due within 30 days. A retailer sells TVs at a selling price of $20,000 on account. The total cost of the inventory sold is $15,000. Under a perpetual inventory system the journal entries to record the sale will include $20,000 will be debited to costs of goods sold and $20,000 will be credited to inventory $20,000 will be debited to inventory and $20,000 will be credited to Accounts Payable $20,000 will be debited to Accounts Receivable and $20,000 will be credited to Sales Revenue. $20,000 will be credited to inventory and $20,000 will be credited to sales revenue. On June 15, Oakley Inc. sells merchandise on account to Sunglass Hut (SH) for $1,000 terms 2/10, 13. On june 20, SH returns to Oakley merchandise that had purchased for complet 2 points obligation to Oakley by making a cash payment. What is the amount of cash paid by SH to Oakley 5636 51.000 5700