have to prepare general journal entries please please help

CHAPTER S Accounting for reducing the amount owed to CMP 3 Purchasse bumper cers hom CMP Corp for $$2.000 under creit tems of 1/10, /30. FOB nquest soe st 500 for treight charges on the July 3 purchase, Cost 2so for $21,000 under credit terms of 2/10, nv/60, FOBd 7Sole thon candg machines to west The merchandise has cost $27 500 20 Purchased show cone machines tom Cmarmon Corporation for $24,300 under credit terms of 1/10, 45.F Paie S2200 shipping charges relaned to the Ju7 sale to West Coast Zoo. 12 West Coast Zoo returmed merchandise trom the July 7 sale that had cost $2.500 and been sold for $3.500 e shianing aoi merchandse was restoret to inventor 2 ther negotiations with Cmaon Corporation conceming problems with the merchandise purchased on Jy t receved a credit memo trom Cimaon granting a price reduction of $4.100. 17 Receivec beiance due trom west Coast Zoo. for the July 7 sale. 1s Soie tor cash a piece of vacant land for its original cost of $62.000. 19 Purchased a used van for the business, $28.000: paid cash of $10.000 and borrowed the balance from the ban 20 Pac the amount due Cimamon Corporation for the July 10 purchase 21 Sois a climbing wall to Canadian National Exhibition for $18,000 under credit terms of 1/10, n/30, FO8 shppng point The merchandise had cost $13 100 24 Canadian National Exthibition requested a price reduction on the July 21 sale because the merchandise dd aet meet specifications. Sent Canadian Nstional Exhibition a credit memo for $3.000 to resove the issue. a1 Received Canadian 31 Paid CMP Cop the amount due from the July 3 purchase. National Exhibtion's payment of the amount due from the July 21 purchase. Analysis Component: Regarding the July 24 transaction, what alternative is there to granting a memo? Be sure to identifg and explain an advantage and disadvantage of the alternative