Journalize the following transactions for Mitchell Company using the gross method of accounting for purchase.discounts. Assume a perpetual inventory system, August 7 Purchased goods from Nelson Company on account, $12,500, terms 3/10, 1/30 August 13 Returned merchandise to Nelson Company that was previously purchased on account, $2,500. August 18 Paid the amount due to Nelson Company Date Account Title Debit Credit