Question: ctions. E5-5 Refer to the information in E5-4 for Olaf Corp, and the following additional information: 1. The cost of the merchandise sold on April

ctions. E5-5 Refer to the information in E5-4 for Olaf Corp, and the following additional information: 1. The cost of the merchandise sold on April 3 was $19,000. godt 0012 2. The cost of the merchandise returned on April 8 was $2,300. a as t at 3. DeVito uses a perpetual inventory system. 200000.013 Instructions (a) Record the transactions in the books of DeVito. (b) Assume that DeVito received the balance due from Olaf on April 12 instead of April 30. Prepare the journal entry to record this collection on DeVito's books. D o s no desmont ( to DI

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