Purchase-related transactions Chart of Accounts Journal Instructions Jounalize entries for the following related transactions of Manville Heating&Air Company. Refer to the Chart of Accounts for exact wording of account titles Mar. 1 Purchased $90,000 of merchandise from Wright Co. on account, terms 2/10, n/30. Paid the amount owed on the invoice within the discount period. 9 11 Discovered that $18,000 of the merchandise purchased on March 1 was defective and returned items, receiving credit for $17,640 [S 18,000-($18,000 2%)]. Purchased $10,000 of merchandise from Wright Co. on account, terms n/30. 18 Received a refund from Wright Co. for return on Mar. 11 less the purchase on Mar. 18. 20 Journal ch transactions of Manville Heating & Air Company Refer to the Chart of Accounts for exact wording of account titles PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF DEBIT CREDIT ASSETS UABILITIESEQUITY 10