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There is no accounts payable on the chart of accounts ournalize entries for the following related transactions of South Coast Heating& Air Company. Refer to

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ournalize entries for the following related transactions of South Coast Heating& Air Company. Refer to the Chart of Accounts for exact wording of account ties Mar. 1 Purchased $42,700 of merchandise from Atlas Co. on account, terms 1/10, nv30 9 Paid the amount owed on the invoice within the discount period Discovered that $8,000 of the merchandise purchased on Mar 1 was defective and returned dems receiving credit Purchased $6,100? merchandise from Anas Co. on account, terms n30. 18 20 Received a refund from Atlas Co. for return on Mar. 11 less the purchase on Mar 18

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