Purchase-related transactions Instructions Chart of Accounts Journal Instructions Journalize entries for the following related transactions of Manville Heating & Air Company. Refer to the Chart of Accounts for exact wording of account titles. Purchased $48,400 of merchandise from Wright Co. on account, terms 2/10, n/30. Paid the amount owed on the invoice within the discount period. Discovered that $7,600 of the merchandise purchases on Mar. 1 was defective and returned items receiving credit. Purchased S5,900 of merchandise from Wright Co. on account, terms n/30 Received a refund from Wright Co. for return on Mar. 11 less the purchase on Mar. 18. Mar. 1 9 11 18 20 Journalize entries for the related March 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 LIABILITIES EQUITY 10