Purchase of merchandise on account with return of merchandise.

a$.$ Merchandise is purchased on account, credit terms $\frac{2}{10},\frac{n}{30},$$$3,500.$

b$.$ Merchandise is returned for credit before payment is made, $$500.$

c$.$ Payment is made within the discount period.

Cash

$($c$)$

Accounts Payable

$($a$)$

Purchases

Purchases Returns and Allowances

Purchases Discounts