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Your company ABC Warehouse had the following Transactions for the month of February Feb. 1 sold 10 DVDs to Ted's Outlet for 39.99 each with

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Your company ABC Warehouse had the following Transactions for the month of February Feb. 1 sold 10 DVDs to Ted's Outlet for 39.99 each with the terms 2/10 N 90 on account Feb. 2 purchased 200 Ipods at $89.99 each Billy Bob with the terms 2/10 N 30 on account Feb. 3 purchased 10 DVD takes at $1.99 each from Mikey Bob with the terms N30 on account Feb. 4 paid $18.34 freight costs for purchase of 10 DVDs purchase on Feb. 1. Feb. 10 received total amount due from Ted's Outlet Feb. 12 paid the total amount due to Billy Bob Feb. 15 Ted's Outlet returned all 10 DVDs sold on 1. Feb. fora full refund, given these DVDs were defective, Feb. 22 Retumed 5 of the Ipods to Billy Bob for a cash refund, due to defects. Feb. 23 collected cash sales of $1500 (not including 6% sales tax) from customers. Feb. 26 ABC Warehouse paid sales tax collected of $1834.56 to state of Michigan Give the required entry for ABC Warehouse for Feb. 12 O Debit Accounts payable/Billy Bob 17998.00 Credit Cash 17998.00 o Debit Accounts receivable/Billy Bob 17998.00, Credit Cash 1763804. Purchase discount 359.96 o Debit Accounts payable/Billy Bob 17998.00. Credit Cash 17638.04. Purchase discount 359.98 O Debit Cash 17638.04, Sales discount 359.96. Credit Accounts payable/Billy Bob annon

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