Purchase-Related Transactions Warwick's Co., a women's clothing store, purchased $24,000 of merchandise from a supplier on account, terms FOB destination, 2/10, n/30. Warwick's returned $4,100 of the merchandise, receiving a credit memo. a. Journalize Warwick's Co.'s entry to record the purchase. Inventory Accounts Payable 19,420 X 19,420 X Feedback Check My Work a. A purchase increases Merchandise Inventory and Accounts Payable. Learning Objective 2 b. Journalize Warwick's Co.'s entry to record the merchandise return. Fortai