Question 3 Not complete Marked out of 6.00 Flag question Accounting for Purchase Transactions Debra Company began operations on June 1. The following transactions took place in June: a. Purchases of merchandise on account were $600,000. b. The cost of freight to receive the inventory was $20,000. This was paid in cash. c. Debra returned $10,000 of the merchandise due to an ordering error. Debra received a full credit for the return. d. Debra paid the remaining balance for the merchandise. General Journal Ref. Description Debit Credit a. b. C. d. Checl Accounts payable Cash inventory Save Answers O Previous