2. value: 4.00 points Mar. 5 Purchased 500 units of product at a cost of $5 per unit. Terms of the sale are 2/15, n/60; the invoice is dated March 5. Mar. 7 Returned 50 defective units from the March 5 purchase and received full credit. Mar. 15 Paid the amount due from the March 5 purchase, less the return on March 7 Prepare journal entries to record each of the above purchases transactions of a merchandising company. Assume a perpetual inventory system. (Omit the "$" sign in your response.) Debit Credit Date Mar. 5 General Journal (Click to select) (Click to select) Mar. 7 (Click to select) (Click to select) Mar. 15 (Click to select) (Click to select) (Click to select) Education. All rights reserved