2. For each of the following statements, fill in the blanks with the correct account names. (,5 each)

1. A retailer purchases merchandise on credit. The retailer would recognize this transaction by debiting _____ and crediting _______.

2. A retailer pays for purchased merchandise within the discount window. The retailer would recognize this transaction by debiting ________ and crediting _________ and ________.

3. A customer returns merchandise to the retailer and receives a full refund. The retailer would recognize this transaction by debiting _________ and crediting _________ if the customer had not yet paid on their account.

4. A customer pays for purchased merchandise within the discount window. The retailer would recognize this transaction by debiting ________ and _______, and crediting__________