Purchase-Related Transactions W W How Wooly Calculator Showcase Co., a furniture wholesaler, sells merchandise to Balboa Co. on account, $23,700, terms 30. The cost of the medias $14,200. Showcase Co. issues a credit memo for $4,000 as a price adjustment prior to Balboa Co. paying the online a. Journalize Balboa Co.'s entry for the purchase. If an amount box does not require an entry, leave it blank. Merchandise Inventory Accounts Payable-Showcase Co. Feedback b. Journalize Balboa Co.'s entry for the credit memo. If an amount box does not require an entry, leave it blank. Accounts Payable-Showcase Co. Merchandise Inventory Feedback c. Journalize Balboa Co.'s entry for the payment of the invoice. If an amount box does not require an entry, leave it blank. Accounts Payable-Showcase Co. 100 Cash