Recording Inventory Purchase

On September $1,$ Global Tech Inc. purchased merchandise for resale for $$20,800$ on credit terms $2/15,$ n$/60$ using the gross method and a perpetual inventory system. Global Tech incurred a shipping charge of $$780$ on the purchase, shipped f$.$o$.$b$.$ shipping point, which was immediately paid. On September $10,$ Global Tech paid for half of the merchandise. On October $25,$ Global Tech paid the remaining balance.

Required

Record the following entries for Global Tech related to the merchandise purchase.

a$.$ Record $(1)$ the purchase of inventory on account and $(2)$ the freight payment on September $1.$

b$.$ Record the payment on September $10.$

c$.$ Record the payment on October $25.$

d$.$ Assume that instead of making payments on September $10$ and October $25,$ Global Tech issued a $12-$month note in payment of the $$20,800$ account balance on October $31.$ Interest on the note is $10\%,$ due in full upon maturity of the note. Record the issuance of the note payable.