On March 7, a company purchased $500 of merchandise on account (on credit). The terms were 2/10, n/30. Please make the journal entry for this transaction.

2. Please make the journal entry that would be made if the company paid on March 23 for the merchandise purchased in Question 1.

3. Please make the journal entry that would be made if the company paid on March 13 for the merchandise purchased in Question 1.

4. On April 7, a company purchased $900 of merchandise on account (on credit). The terms were 2/10, n/30. Please make the journal entry for this transaction.

5. Please make the journal entry that would be made if the company returned to the seller $300 of the merchandise purchased in Question 4. The goods were returned before the company paid for the merchandise.