Presented below are transactions related to Omega Company. . On November 10, Omega sold $75,000 of merchandise on account to Sigma Ltd. terms 1/10, n/30, FOB Destination. The cost of the merchandise sold was $36,000. On November 11, goods totaling $3,000 are returned to Omega by Sigma. The cost of these goods is $1,440. On November 14, Omega paid the freight costs of $1,200 cash. On November 20, Omega received the balance due from Sigma 1- Prepare the journal entries to record these transactions on the books of Omega, using a perpetual inventory system. 2- Assume that Omega received the balance due from Sigma on December 10 instead of November 20, Prepare the journal entry to record the receipt of payment on December 10,