Feb: 3: Purchased $2,900 of merchandise inventory on account under terms 2/10, nEOM and FOB shipping point from Sue's Shoppe. Date Accounts Feb. 3 Merchandise Inventory Accounts Payable-Sue's Shoppe Feb. 7: Returned $500 of defective merchandise purchased on February 3 Date Accounts Feb 7 Accounts Payable Sue's Shoppe Merchandise Inventory Debit Credit 2842 2842 Debit Credit 500 500