Cont'd. Problem 6.4B Mary's TV uses a perpetual inventory system. The following are three recent merchandising transactions: 4 Purchased eight TVs from City One Industries on account. Invoice price, $3,500 per unit, for a 6 Mar total of 28,000. The terms of purchase were 2/10, n/30 11 Mar Sold two of these tolevisions for $6,000 cash foroach TV. 16 Mar. Paid the accounts payable to CityOne Industries within the discount period. a.(2) Prepare joumal entries to record these transactions assuming that Mary records purchases of goods at Gross invoice price General Journal b. (2) Assume that Mary's did not pay CityOne Industries within the discount period but instead paid the full invoice price on 6 April. Prepare journal entries to record this payment assuming that the original liability had been recorded at Gross invoice price