Purchase Related Transactions Chart of Accounts Journal Instructions Journalize entries for the following related transactions of Greenville Heating & Air Company. Refer to the chart of accounts for the exa wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debitor entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Mar. 9 11 Purchased $48.400 of merchandise from Foster Co. on account terms 2/10. n/30. Paid the amount owed on the invoice within the discount period. Discovered that $7.800 of the merchandise purchased on Mar. 1 was defective and returned items, receiving credit Purchased $6,000 of merchandise from Foster Co. on account, terms n/30. Received a refund from Foster Co. for return on Mar 11 less the purchase on Mar. 18 20 eBook Show Me How Calculator Purchase Related Transactions Chart of Accounts Journal Instructions Journal JOURNAL ACCO DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS