Warwick's Co., a women's clothing store, purchased $19,000 of merchandise from a supplier on account, terms FOB destination, 2/10, /30. Warwick's returned $3,000 o the merchandise, receiving a credit memo, and then paid the amount due within the discount period.

 a. Journalize Warwick's Co.'s entry to record the purchase.

 b. Journalize Warwick's Co.'s entry to record the merchandise return.

 c. Journalize Warwick's Co.'s entry to record the payment. Accounts Payable Cash

Answer rating: 100% (QA)

A B Merchandise inventory Accounts ... View the full answer