Purchases Transactions Rolfes Company purchased merchandise on account from a supplier for $5,000, terms 1/10, 1/30. Rolfes returned $1,200 of the merchandise and received full credit a. If Rolfes Company pays the involce within the discount period, what is the amount of cash required for the payment? If required, round the answer to the nearest dollar b. What account is debited by Rolfes Company to record the return