Question: 2. In the final analysis, how much did the inventory cost Toys and More? May 12: Toys and More returned $11,250 of the merchandise

2. In the final analysis, how much did the inventory cost Toys and More? May 12: Toys and More returned $11,250 of the merchandise to MegoBlock due to damage during shipment. Date Accounts May 12 Accounts Payable-MegoBlock Merchandise Inventory May 15: Toys and More paid the amount due, less the return and discount Date May 15 Accounts Debit Credit 11,250 11.250 Debit Credit

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