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Purchase-Related Transactions Warwick's Co., a women's clothing store, purchased $75,000 of merchandise from a supplier on account, terms FOB destination, 2/10, 1/30 Warwick's returned $9,000

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Purchase-Related Transactions Warwick's Co., a women's clothing store, purchased $75,000 of merchandise from a supplier on account, terms FOB destination, 2/10, 1/30 Warwick's returned $9,000 of the merchandise, recelving a credit memo, and then paid the amount due within the discount period. a. Journalize Warwick's entry to record the purchase. Inventory Accounts Payable X b. Journalize Warwick's entry to record the merchandise return Accounts Payable Inventory X c. Journalize Warwick's to record the payment within the discount period of ten days. Accounts Payable 64.680 64,480 Cash d. Journalize Warwick's to record the payment beyond the discount period of ten days. If an amount box does not require an entry, leave it blank, X X X X

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