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Purchase$-$Related Transactions

The Stationery Company purchased merchandise on account from a supplier for $$14,500,$ terms $2/10,$ n$/30.$ The Stationery Company returned merchandise with an invoice amount of $$3,500$ and received full credit.

a$.$ If The Stationery Company pays the invoice within the discount period, what is the amount of cash required for the payment?

$fill in the blank $1$

b$.$ Under a perpetual inventory system, what account is credited by The Stationery Company to record the return?

Inventory