June	4		Ivanhoe Marine Company purchased $3,000 of merchandise, terms n/30 from Acme Marine Supply Company. The cost of the merchandise was $2,500.
	13		Ivanhoe Marine returned $660 of goods to Acme Marine Supply for full credit. The goods had a cost of $500 to Acme Marine.
	13		Ivanhoe Marine paid the account in full.

Assume use of the periodic inventory system for both companies.

(a)

Prepare the journal entries to record these transactions in Ivanhoe Marines records.