Instructions

On March $1,$ Poff's Co$.,$ a women's clothing store, purchased $$73,600$ of merchandise from a supplier on account, terms FOB destination, $\frac{2}{10},\frac{n}{30}.$ On March $5,$

Poff's returned $$8,700$ of the merchandise, receiving a credit memo, and then paid the amount due on March $9,$ within the discount period.

Journalize Poff's entries to record $($a$)$ the purchase, $($b$)$ the merchandise return, and $($c$)$ the payment. Refer to the chart of accounts for the exact wording of the

account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will

automatically indent a credit entry when a credit amount is entered.