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( ) Klugg Company made a purchase of merchandise on credit from Claude Corporation on April 2 , for $ 5 , 0 0 0

() Klugg Company made a purchase of merchandise on credit from Claude Corporation on April 2, for $5,000, terms 4/10, n/45. On April 8, Klugg makes the appropriate payment to Claude. The entry on August 10 for Klugg Company is
\table[[Accounts Payable......,5,000,],[Purchase Returns and Allowances............................,,200],[C,,4,800],[Accounts Payable......,4,800,],[,,4,800],[Accounts Pa!,5,000,],[Cash............,,5,000],[Accounts Payable........................,5,000,],[Merchandise Inventory.............,,200],[Cash...............................................................................................,,4,800]]
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