Stylon Co$.,$ a women's clothing store, purchased $$18,000$ of merchandise from a supplier on account, terms FOB destination, $2/10,$ n$/30,$ using the net method under a perpetual inventory system. Stylon returned merchandise with an invoice amount of $$2,500,$ receiving a credit memo.

Question Content Area

a$.$ Journalize Stylon$$s entry to record the purchase. If an amount box does not require an entry, leave it blank.

b$.$ Journalize Stylon$$s entry to record the merchandise return. If an amount box does not require an entry, leave it blank.

c$.$ Journalize Stylon$$s entry to record the payment within the discount period of $10$ days. If an amount box does not require an entry, leave it blank.

d$.$ Journalize Stylon$$s entry to record the payment beyond the discount period of $10$ days. If an amount box does not require an entry, leave it blank.