Transactions for Buyer and Seller Wilmington Co. sold merchandise to Rather Co. on account, $153,600, terms FOB shipping point, 2/10, n/30. The cost of the merchandise sold is $92,160. Wilmington Co. paid freight of $2,900. Assume that all discounts are taken. Journalize Wilmington 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. Sales Cost of Herchandise Sold) Merchandise Inventory (b) Accounts Payables Cash (c) Cash Accounts Receivable Rather Co. O 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) (b)