Journalize entries for the following related transactions of South Coast Heating & Air Company. Refer to the Chart of Accounts for exact wording of account titles. March 1: Purchased $48,000 of merchandise from Atlas Co. on account, terms 1/10, n/30.

March 9: Paid the amount owed on the invoice within the discount period. March 11: Discovered that $7,500 of the merchandise purchases on Mar. 1 was defective and returned items, receiving credit. March 18: Purchased $6,000 of merchandise from Atlas Co. on account, terms n/30. March 20: Received a refund from Atlas Co. for return on Mar. 11 less the purchase on Mar. 18. Journalize entries for the related March transactions of South Coast Heating & Air Company. Refer to the Chart of Accounts for exact wording of account titles.