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Mayn Co, a women's clothing store, purchased $18,000 of merchandise from a supplier on account, terms FOB returned $2,900 of the merchandise, receiving a credit

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Mayn Co, a women's clothing store, purchased $18,000 of merchandise from a supplier on account, terms FOB returned $2,900 of the merchandise, receiving a credit memo, and then paid the amount due within the discount period. a. Journalize Mayn Co.'s entry to record the purchase. destination, 2/10, n/30. Mayn Co. Merchandise Inventory Accounts Payable Feedbad b. Journalize Mayn Co.'s entry to record the merchandise return. Accounts Payable.->

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