juchase-Related Transactions $30,000 for merchandise returned prior to Balbea Co. paying the original ievoice. The cost of the merchandse returned is 517,500 . va monkeve Baihat Co's entry for the purchase. b. Journalian Balbos co.'s entry for the return of the merthandise for crest. rome un wost On March 31, 2019, the balances of the accounts appearing in the ledger of Racine Furniahings Company, a fumiture wholesaler, are as follows