Question: please answer A-D, answers the boxes on the left with the correct answers please Stylon Co., a women's clothing store, purchased $16,000 of merchandise from


Stylon Co., a women's clothing store, purchased $16,000 of merchandise from a supplier on account, terms FOB destination, 1/10, n/30. Stylon returned merchandise with an involce amount of $2,200, receiving a credit memo. a. Journalize Stylon's entry to record the purchase. If an amount box does not require an entry, leave it blank. Fecotback Check My Work a. A purchase increases inventory and Accounts Payable. b. Journalize Stylon's entry to record the merchandise return. If an amount box does not require an entry, leave it blank. c. Journalize Stylon's entry to record the payment within the discount period of 10 days. If an amount box does not require an entry, leave it blank. Feedtack T Check My Wokk c. The amount paid is the balance in Accounts Payable. The discount is credited against the Inventory because it reduces the cost. d. Joumalize Stylon's entry to record the payment beyond the discount period of 10 days. If an amount box does not require an entry. leave it blank
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