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70 PE 6-2A Purchases transactions OBJ Halibut Company purchased merchandise on account from a supplier for $18,600, terr 2/10, n/30. Halibut Company returned $5,000 of

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70 PE 6-2A Purchases transactions OBJ Halibut Company purchased merchandise on account from a supplier for $18,600, terr 2/10, n/30. Halibut Company returned $5,000 of the merchandise and received full cred a. If Halibut Company pays the invoice within the discount period, what is the amou of cash required for the payment? b. What account is credited by Halibut Company to record the return? 270 PE 6-2B Purchases transactions OBJ.. Hoffman Company purchased merchandise on account from a supplier for $65,000, term 1/10, n/30. Hoffman Company returned $7,500 of the merchandise and received full credit a. If Hoffman Company pays the invoice within the discount period, what is the amoun of cash required for the payment? b. What account is debited by Hoffman Company to record the return

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