Williams Distributing Company is a merchandising company. Williams uses the perpetual inventory

system.

In March, the company had the following transactions related to the purchase and sale of inventory:

March $1-$ Purchased merchandise on account for $$9,000$; terms were $2/10,$ n$/30.$

March $3-$ Paid $$300$ cash for freight on the March $1$ purchase.

March $6-$ Returned merchandise costing $$450($part of the $$9,000$ purchase$).$

March $10-$ Paid for merchandise purchased on March $1.$

March $12-$ Sold merchandise on account costing $$12,000$ for $$15,000$; terms were $2/10,$ n$/30.$

March $15-$ Accepted returned and undamaged merchandise from a customer costing $$600$ that

had been sold on account for $$750($part of the $$15,000$ sale$).$

March $20-$ Received payment from customer for merchandise sold on March $12.$

Prepare journal entries for each of the March transactions. All available discounts were taken.