Purchases Transactions Rolfes Company purchased merchandise on account from a supplier for $10,300, terms 2/10, 1/30. Rolfes Company returned $1,900 of the merchandise and received full credit a. If Rolfes Company pays the invoice within the discount period, what is the amount of cash required for the payment? b. What account is credited by Rolfes Company to record the return? Merchandise Inventory Freight Terms Determine the amount to be paid in full settlement of each of two invoices, (a) and (b), assuming that credt for returns and allowance was received prior to payment and that we were within the discount period. If required, round the answers to the nearest dollar. Credit for Freight Refunds and Merchandise Paid by Seller Freight Terms Allowances a $3,400 $200 FOB shipping point, 1/10, 130 $1,200 b. 4,150 FOB destination, 2/10, 1/30 750 100 a. S D. Purchase-Related Transactions Oppenheimer Company purchased merchandise on account from a supplier for 512,800, terms 2/10, 1/30. Oppenheimer Company returned $1,700 of the merchandise and received a credt. 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 Oppenheimer Company to record the return? Merchandise Inventory