Blossom Mercantile, a home dcor shop, completed the following merchandising transactions in the month of August. Aug. 1 Purchased pillows and other inventory from Goodman and Co. $3,200 (including freight), terms 2/10, n/30. 6 Received $300 credit for pillows returned to Goodman and Co. 9 Paid Goodman and Co. in full. 20 Purchased towels from Savon Company $1,100, terms 1/15, n/30, FOB shipping point. 21 Paid freight $60 for inventory purchased from Savon Company 25 Received an allowance of $500 for towels that were the incorrect color. 30 Paid Savon Company in full. Date Account Titles and Explanation Debit Credit