Transactions for Buyer and Seller Sievert Co. sold merchandise to Rather Co. on account, $151,800, terms FOB shipping point, 2/10, n/30. The cost of the merchandise sold is $91,080. Sievert Co. paid freight of $2,200. Assume that all discounts are taken. Journalize Sievert Co.'s entries for the (a) sale, (b) purchase, and (c) payment of amount due. If an amount box does not require an entry, leave it blank. (a) Accounts Receivable-Rather Co. 148,764 Sales 148,764 Cost of Merchandise Sold 91,080 Merchandise Inventory 91,080 (b) 148,764 X X 148,764 (C) Journalize Rather Co.'s entries for (a) sale, and (b) payment of amount due. If an amount box does not require an entry, leave it blank. (a) Merchandise Inventory 148,764 Accounts Payable-Sievert Co. 148,764 (b) Accounts Payable-Sievert Co. 148,764 Cash 148,764