8.4

rcise 8.3 ctive 81 Recording credit purchases. The following transactions took place at Auto Parts Pros during the first week of July. Indicate his. these transactions would be entered in a purchases journal like the one shown in this chapter 8.4 Recording a purchase return. 8-4 On March 19, Modern Kitchens, a retail store, received Credit Memorandum 244 for \$2,125 from J \& M Appliance Corporation. The credit memorandum covered a return of damaged trash compactors originally purchased on Invoice 4101 dated February 3. Prepare the general journal entry that Modern Kitchens would make for this transaction