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McGovern Distributing is a merchandising company. Record each of the following transactions related to the company's purcha and selling of merchandise March 1 - Purchased

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McGovern Distributing is a merchandising company. Record each of the following transactions related to the company's purcha and selling of merchandise March 1 - Purchased merchandise on account for $6,800; terms were 1/10,n/30 March 3 - Paid $200 cash for freight on the March 1 purchase March 6 - Returned merchandise costing $400 (part of the March 1st purchase) March 10 - Pald for merchandise purchased on March 1 March 12 - Sold merchandise on account costing $7.500 for $10,000 March 15 - Accepted returned merchandise from a customer costing $300 that had been sold on account for $400 March 20 - Received payment from customer for merchandise sold on March 12 View transaction list Journal entry worksheet 1 2 3 5 9 March 1 - Purchased merchandise on account for $6,800; terms were 1/10,n/30 tot inter debitis before credits March 1 - Purchased merchandise on account for $6,800; terms were 1/10,n/30 Note: Enter debits before credits. B S.No/Date D Account Title Debit Credit 1 1 2 3 4 5 6 Record entry Clear entry View general Journal March 6 - Returned merchandise costing $400 (part of the March 1st purchase) Note: Enter debits before credits. B D S No/Date 3 Debit Account Title Credit 1 2 3 4 5 6 Journal entry worksheet

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