I don't know why I get the last one wrong.

Problem 4-2A (Algo) Preparing journal entries for merchandising activities LO P1, P2 Prepare journal entries to record the following merchandising transactions of Lowe's, which uses the perpetual inventory system and the gross method. August. 1 Purehased nerchandise fron Aron Conpany for $6,000 under eredit terms of 1/10, ti 30, rob deatinatioa, lavolice dated Augunt 1 . August 5 sold merchandive to anird Corporation for $4,200 under eredit terms of 2/10,n/60, fob destination, involee dated Aagunt 5. The metehandize had cont $3,000. invoice dated Auguat 8 . Auguse 9 Paid $280 canh for ahipping ehargen related to the Auguet 5 alle to Bafrd Corporation, August 10 Baird returned marehandive fron the August 5 anle that had cont Love's 5500 and vas sold for $1,000. The perchanditue was restored to inventory. a. price reduction troe Watern of $300 off the $5,000 of goodn purchased. Love's debited accounts payabie for oved (aecounte payable) to Aron. Nuguet is heceived balance due from naird Corporation for the Auguat 5 iale lesn the return on Auguat 10 , August. 19 Sold merchandisen to Fux Conpany tor 53,600 under etedit terna of n/10, Fon atipping point, invotce dated Audgunt 19. The nerchabdise had coat $1,100. Magust 22 Tux requeated a prien reduction on the Augist 19 sale becaua the merehandine did not neet speeificationa. towe's qave a price reduction (allewance) of 5600 to hix and eredited Fux's accounte receivabie for that amount, Auguet 29 Meceived Tux's cash paynent for the anount dae fron the Mugust 19 anle less the price allowance froa augaat Auguat 20 Pald aron conpany the anount due tron the August 1 purchane