Shoe Retailers uses the perpetual inventory system. It purchased $10000 worth of shoes from Runner Wear Supplies on March 1,2018. Runner Wear's invoice shows terms of 2/10,n/30.

A) What is the latest date Shoe Retailers can pay the bill and apply the discount?

B) What does: 2/10,n/30 mean?

C) As bookkeeper for Shoe Retailers, prepare the journal entry to record the March 1 purchase

Date	Account title and explanation	Debit	Credit

D) Journalize the transaction for payment of the invoice, assuming payment was made on March 5

Date	Account title and explanation	Debit	Credit

E) Journalize the transaction for payment of the invoice, assuming the payment was made on April 3

Date	Account title and explanation	Debit	Credit