On September 1, Global Tech Inc. purchased merchandise for resale for $20,800 on credit terms 2/15, n/60 using the gross method and a perpetual inventory system. Global Tech incurred a shipping charge of $780 on the purchase, shipped f.o.b. shipping point, which was immediately paid. On September 10, Global Tech paid for half of the merchandise. On October 25, Global Tech paid the remaining balance. Required Record the following entries for Global Tech related to the merchandise purchase. 

a. Record (1) the purchase of inventory on account and (2) the freight payment on September 1. 

b. Record the payment on September 10. 

c. Record the payment on October 25. 

d. Assume that instead of making payments on September 10 and October 25, Global Tech issued a 12-month note in payment of the $20,800 account balance on October 31. Interest on the note is 10%, due in full upon maturity of the note. Record the issuance of the note payable.