QS $5-7$ Merchandise purchase: allowance$-$perpetual LO$3$

Journalize each of the following transactions assuming a perpetual inventory system.

Aug. $2$ Purchased $$14,000$ of merchandise inventory; terms $\frac{1}{5},\frac{n}{15}.$

$4$ Received a credit memo from the supplier confirming a $$1,500$ allowance regarding the August $2$ purchase.

$17$ Paid for the August $2$ purchase, less the allowance.