Warwick's Co., a women's clothing store, purchased $24,000 of merchandise from a supplier on account, terms FOB destination, 1/10, n/30. Warwick's returned $3,400 of the merchandise, receiving a credit memo. a. Journalize Warwick's Co.'s entry to record the purchase. Inventory Accounts Payable Feedback b. Journalize Warwick's Co.'s entry to record the merchandise return. Accounts Payable Inventory Feedback C. Journalize Warwick's Co. entry to record the payment within the discount period of ten days. Accounts Payable Cash Feedback d. Journalize Warwick's Co. entry to record the payment beyond the discount period of ten days. If an amount box does not require an entry, leave it blank. Accounts Payable Inventory 9 Cash Sales-related transactions Sayers Co. sold merchandise on account to a customer for $85,000 terms 1/10, n/30. The cost of the goods sold was $60,000. a. Journalize Sayers' entries to record the sale. b. Journalize the receipt of payment within the discount period. Accounts Receivable record the receipt of payment beyond the discount period of ten days. Cash Cost of Goods Sold Inventory II Sales Sales-Related Transactions Showcase Co., a furniture wholesaler, sells merchandise to Balboa Co. on account, $55,400, terms n/30. The cost of the goods sold is $33,200. Showcase issues a credit memo for $11,100 for merchandise returned prior to Balboa paying the original invoice. The cost of the merchandise returned is $6,700. a. Journalize Showcase Co.'s entries for (1) the sale, including (2) the cost of the goods sold. (1) (2) b. Journalize Showcase Co.'s entries for (1) the credit memo, including (2) the cost of the returned merchandise. (1) (2) C. Journalize Showcase Co.'s entry for the receipt of the check for the amount due from Balboa Co. Sales Tax Transactions Journalize the entries to record the following selected transactions. a. Sold $3,900 of merchandise on account, subject to a sales tax of 8%. The cost of the goods sold was $2,300. If an amount box does not require an entry, leave it blank. b. Paid $38,960 to the state sales tax department for taxes collected