uestio 04 (10 points) Presented below are transactions related to Omega Company. On November 10, Omega sold $75,000 of merchandise on account to Sigma Ltd. terms 1/10, n/30, FOB Destination. The cost of the me handise sold was $38.000 On November 11, goods totaling $3,000 are returned to Omega by Sigma. The cost of these goods is $1,440 On November 14, Omega paid the freight costs of $1,200 cash On November 20, Omega received the balance due from Sigma 1. Prepare the journal entries to record these transactions on the books of Omega, using a perpetual inventory system. 2. Assume that Omega received the balance due from Sigma on December 10 instead of November 20. Prepare the journal entry to record the receipt of payment on December 10 Date Account Titles Debit Credit