Jourmalize purchase transactions.

$*$BE$5\mathrm{.}14($L$07),$ AP Prepare the journal entries to record these transactions on Kimble Company's books using a

periodic inventory system.

a$.$ On March $2,$ Kimble Company purchased $$800,000$ of merchandise on account from Poe Company, terms

$\frac{2}{10},\frac{n}{30}.$

b$.$ On March $6,$ Kimble Company returned $$130,000$ of the merchandise purchased on March $2.$

c$.$ On March $12,$ Kimble Company paid the balance due to Poe Company.