If you can explain each step that would be great thanks.

Jul 4 Wholesale Furnishings purchased $8,000 of merchandise from M and P Furniture Warehouse on account. Terms. 4/15, n/30, FOB shipping point. The goods cost M and P Furniture Warehouse $3,000. 7 Wholesale Furnishings paid a $150 freight bill for delivery of the goods purchased on July 4 10 Wholesale Furnishings returned $2,000 of the merchandise purchased on July 4. The goods cost M and P Furniture Warehouse $500 18 Wholesale Furnishings paid $1,200 of the July 4 invoice less the discount 31 Wholesale Furnishings paid the remaining amount owed on the July 4 invoice. Requirement 1. Journalize these transactions on the books of Wholesale Furnishings, assuming the "net" method is used. (Record debits first, then credits. Exclude explanations from any journal entries.)