Journal Entries Problem!

Assume Andersons General Store bought, on credit, a truckload of merchandise from American Wholesaling costing $24,000. If the company was charged $660 in transportation cost by National Trucking, immediately returned goods to American Wholesaling costing $1,300, and then took advantage of American Wholesalings 3/10, n/30 purchase discount.

Prepare journal entries to record the inventory transactions, assuming Andersons uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)

A) Record the inventory purchased of $24,000 on account.

B) Record transportation costs of $660 incurred, but not yet paid for the inventory shipment.

C) Record part of the inventory returned of $1,300.

D) Record the payment within the discount period to American Wholesaling for the inventory.