Purchase-Related Transactions

Warwicks Co., a women's clothing store, purchased $28,000 of merchandise from a supplier on account, terms FOB destination, 2/10, n/30. Warwicks returned $3,900 of the merchandise, receiving a credit memo.

a. Journalize Warwicks Co.'s entry to record the purchase.

b. Journalize Warwicks Co.'s entry to record the merchandise return.

c. Journalize Warwicks Co. entry to record the payment within the discount period of ten days.

d. Journalize Warwicks Co. entry to record the payment beyond the discount period of ten days. If an amount box does not require an entry, leave it blank.