Question: Question 31 (3 points) Your answers should be DEBIT - Account Name Dollar Amount and CREDIT- Account Name - Dollar Amount. For each journal

Question 31 (3 points) Your answers should be DEBIT - Account Name

Question 31 (3 points) Your answers should be DEBIT - Account Name Dollar Amount and CREDIT- Account Name - Dollar Amount. For each journal entry, the number of boxes/rows represents the number of total rows needed for the journal entry. Fred uses a perpetual inventory system. On August 1, Fred purchases merchandise on account from Scooby Doo on account, with credit terms 2/10, n/30. The selling price of the merchandise was $8,000. On August 4, Fred returned $2,000 of the merchandise to Scooby Doo. Prepare Fred's August 4 journal entry

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