the transactions.) of mercha More Info Feb. 3 Purchased $3,700 of merchandise inventory on account under terms 3/10, n/EOM and FOB shipping point 7 Returned $800 of defective merchandise purchased on February 3. 9 Paid freight bill of $500 on February 3 purchase 10 Sold merchandise inventory on account for $5,000. Payment terms were 1/15, n/30. These goods cost the company $2,500. and the discount. debt f defective m 12 Paid amount owed on credit purchase of February 3, less the return 28 Received cash from February 10 customer in full settlement of their Print Done f $500 on February s purchase Accounts Debit Credit r any number in the input fie lds and then continue to the next