On April 18, 2017, Botanica Company, a garden retailer purchased $9,800 of supplies, terms 2/10, n/30 from Whitetail Garden Center. Botanica then returned $800 of material they decided they no longer needed before the discount period and then remitted payment for the difference.

Show the journal entry in its proper form, meaning, indent for the credit side of the entry, use proper account titles, and a description of the entry for the:

Initial purchase (on the buyer's side)

The return of the merchandise (on the seller's side)

The payment made by Botanica (on the buyer's side)

Answer rating: 100% (QA)

Journal Entries 1 In the books of Botanica Company buyer Date General Journal Debit Credit Apr 18 ... View the full answer