Remaining Time: 1 hour, 59 minutes, 43 seconds. Question Completion Status: QUESTION 1 Sony Company had the following transactions in December: Dec. 2 Dec. 4 Sony purchased $300,000 merchandise inventory on account terms, 2/10, n/30, FOB shipping point. 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+FN+F10 (Mac). P BIUS Paragraph Arial 10pt Ev Ev A v 11 V Ix Click Save and Submit to save and submit. Click Save All Answers to save all answers. SAMSUNG Save Al