Record the following transactions in a general journal for Oscar Company: Oct. 10 Mazan Company returned $420

Question:

Record the following transactions in a general journal for Oscar Company:

Oct. 10 Mazan Company returned $420 of merchandise (wrong color) pre¬

viously purchased on account. Issued credit memo no. 104. Mazan’s original purchase was for $2,460.

17 Nolen Company returned $370 of defective merchandise previously purchased on account. Issued credit memo no. 105. Nolen’s original purchase was for $640.

23 Oscar Company issued credit memo no. 106 to Wily Company for

$130 as an allowance for damaged merchandise. Wily’s original pur¬

chase was for $3,650.

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