Question 1 of 40 < > VIVITY June 11 Purchased merchandise on account, $15,500, terms 2/10, n/30. 15 30 Returned part of June 11 purchase, $850, and received credit on account. Prepared the adjusting entry required for financial statements. Date Account Titles and Explanation June 11 Purchases Accounts Payable June 15 Accounts Receivable June 30 S -/2.5 : Debit Credit 850 850 M Attempts: 0 of 1 used Submit Answer Q ML Qu Mult