Question: fill out a) Moon uses a perpetual inventory system. On day 1, it purchased merchandise inventory on account from Aurora for $50,000 terms 2/10, n/30.

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a) Moon uses a perpetual inventory system. On day 1, it purchased merchandise inventory on account from Aurora for $50,000 terms 2/10, n/30. On day 3, Moon received credit from Aurora for $5,000 of merchandise that Moon returned. On day 6, Moon paid Aurora the amount owing, net of any returns and discount. Show calculations. Date Debit account Credit account Debit S Credits a) day 1 a) day 3 a) day 6

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