(a)Bazil Company purchased merchandise on account from Office Suppliers for $56,000, with terms of 2/10, n/30. During the discount period, Bazil returned some merchandise and paid $49,000 as payment in full. Bazil uses a perpetual inventory system. Prepare the journal entries that Bazil Company (THE PURCHASER)made to record the:

(1)purchase of merchandise.

(2)return of merchandise.

(3)payment on account.

(b)Weaver Company sold merchandise to Moore Company on account for $84,000 with credit terms of ?/10, n/30. The cost of the merchandise sold was $63,000. During the discount period, Moore Company returned $4,000 of merchandise and paid its account in full (minus the discount) by remitting $79,200 in cash. Both companies use a perpetual inventory system. Prepare the journal entries that Weaver Company(THE SELLER)made to record the:

(1)sale of merchandise.

(2)receipt of returned merchandise.

(3)collection on account.