Question 8 ive this response. Prepare the journal entry for the following transactions for Famous Company Famous Company is a men Aug 1 Aug 3 Aug 7 Purchased 8,000 BD of merchandise inventory and immediately paid 8.000 80 ca Paid 300BD cash for shipping the merchandise purchased on Aug 3 Sold 7,000 BD worth of merchandise inventory to Relief Company on credit. The a point. Relief Company paid 200 BD for the transportation fees to the shipment com Answer in the following format [Note: This is just an example and is not related to the question Jan 1 Dr. Cash.......... 120 Cr. Owner capital ...............1.20 For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). 90 Y Arial 10pt !!! !!! >>