Purchase-related transactions EX 6-7 Warwick's Co., a women's clothing store, purchased $75,000 of merchandise from a supplier on account, terms FOB destination, 2/10, n/30. Warwick's returned $9,000 of the merchandise, receiving a credit memo, and then paid the amount due within the discount period. Journalize Warwick's entries to record (a) the purchase, (b) the merchandise return, and (c) the payment OBJ. 2 r. $64,680 EX 6-8 Purchase-related transactions OBJ. 2