Purchase-Related Transactions Journalize entries for the following related transactions of Greenville Heating & a. Purchased $38,000 of merchandise from Foster Co. on account, terms 2/10 Merchandise Inventory Accounts Payable-Foster Co. b. Paid the amount owed on the invoice within the discount period. Accounts Payable-Foster Co. Cash c. Discovered that $7,600 of the merchandise purchased in (a) was defective Accounts Payable-Foster Co. Merchandise Inventory Feedback- Check My Work 33 d. Purchased $5,900 of merchandise from Foster Co. on account, terms n/30 Merchandise Inventory Accounts Payable-Foster Co. 88 Feedback Check My Work e. Received a refund from Foster Co. for return in (c) less the purchase in (d Cash Accounts Payable-Foster Co.