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5. Journalize entries for the following related transactions of Manville Heating & Air Company Mar. 1 Purchased $90,000 of merchandise fom hce on aso 9

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5. Journalize entries for the following related transactions of Manville Heating & Air Company Mar. 1 Purchased $90,000 of merchandise fom hce on aso 9 Paid the amount owed on the invoice within the discount period. 11 Discovered that $18,000 of the merchandise purchased on March 1 was defective and returned items, receiving credit for $17,640 [$18,000-($18,000 x 2%), 18 Purchased $10,000 of merchandise from Wright Co. on account, terms n/30 20 Received a refund from Wright Co. for return on Mar. 11 less the purchase on Mar. 18. JOURNAL CREDIT POST.DEBIT REF DATE DESCRIPTION

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