4 Moving to another question will save this response. KK Question 16 of 16 Question 10 6 points On Nov 11. Al Ain Co. accepts delivery of $140,000 of merchandise it purchases for resale from Dubal Corporation. With the merchandise is an invoice dated Nov 11, with terms of 2/10,n/60, FOB shipping point. The goods cost Dubal $85,000. When the goods are delivered, Al Ain pays $3,450 to Express Shipping for delivery charges on the merchandise On Nov 12, Al Ain returns $18,400 of goods to Dubal, which receives them two days later and restores to inventory. The returned goods had cost Dubal 59,800. On Nov 20, Al Ain malls a check to Dubai Corporation for the amount owed. Dubai receives it the following day. (Both Al Ain and Dubai use a perpetual inventory system.) ) Prepare journal entries that Al-Ain Co. records for these transactions. b) Prepare journal entries that Dubai Corporation records for these transactions. For the toolbar, press ALT+F10 (PC) OR ALT+FN+F10 Mac B 1 Paragraph Arial 10pt X XT + 15 111 A lil . I. O a 6 BE * .) B 2 . O WORDS POWERED BY TONY