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Purchase - Related Transactions Poff s Co . , a women's clothing store, purchased $ 1 8 , 0 0 0 of merchandise from a

Purchase-Related Transactions
Poffs Co., a women's clothing store, purchased $18,000 of merchandise from a supplier on account, terms FOB destination, 1/10, n/30. Poffs returned $2,500 of the merchandise, receiving a credit memo, and then paid the amount due within the discount period.
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a. Journalize Poffs Co.'s entry to record the purchase. If an amount box does not require an entry, leave it blank.
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b. Journalize Poffs Co.'s entry to record the merchandise return. If an amount box does not require an entry, leave it blank.
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Question Content Area
c. Journalize Poffs Co.'s entry to record the payment. If an amount box does not require an entry, leave it blank.
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