Purchase-Related Transactions The Wheatland Company purchased merchandise on account from a supplier for $15,300, terms 1/10, 1/30. The Wheatland Company returned $2,000 of the merchandise and received full credit. a. What is the amount of cash required for the payment within the discount period? b. Under a perpetual Inventory system, what account is credited by The Wheatland Company to record the return? Accounts Receivable Cost of Merchandise Sold Credit Card Expage Delivery Expense Merchandise Inventory Sales