for cash, and so on), EX 5-4 Purchase-related transactions Newgen Company purchased merchandise on account from a supplier for $9,000, terms 2/10, n/30. Newgen Company returned $1.200 of the merchandise and received full credit a. If Newgen Company pays the invoice within the discount period, what is the amount b. Under a perpetual inventory system, what account is credited by Newgen Company to record the return? EX 5-5 Purchase-related transactions A retailer is considering the purchase of 100 units of a specific item from either of two suppliers. Their offers are as follows: A: $200 a unit, total of $20,000, 2/10,n/30, no charge for freight B: $195 a unit, total of $19,500,1/10, n/30, plus freight of $100. Which of the two offers, A or B. yields the lower price