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On March 1, Warwick's Co., a women's clothing store, purchased $74,600 or merchandise from a supplier on account, terms FOB destination on, 2/10, rV30. On
On March 1, Warwick's Co., a women's clothing store, purchased $74,600 or merchandise from a supplier on account, terms FOB destination on, 2/10, rV30. On March 5. Warwick's returned $9,500 of the merchandise, receiving a credit memo, and then paid the amount due on March 9, within the discount period. Journalize Warwick's entries to record the purchase, the merchandise return, and the payment, Refer to the Chan of Accounts for exact wording of account tides. Journalize Warwick's entries to record the purchase, the merchandise return, and the payment. Refer to the Chart or Accounts for exact wording of account titles
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