You are Coke Co., the buyer: On March 1 you purchase $50,000 of inventory from Coke Co. with the terms 2/10, n/ 30. On March 4 you return $2,000 of the inventory and request that your account be credited. On March 11 you pay the full amount you owe Coke Co. Instructions: Record the journal entries for March 1, March 4, and March 11: March 1: March 4: March 11: You are Spartan Co., the seller: On March 1 you sell $50,000 of merchandise inventory to Aurora Co. with terms 2/10, n/30. The cost of the merchandise inventory sold was $30,000. On March 4 Aurora Co. returned $2,000 of the merchandise inventory they bought, and you credited their account and recorded the return of the inventory. On March 11 you receive full payment of their account from Aurora Co. Instructions: Record the journal entries for March 1, March 4, and March 11: March 1: March 4: March 11