Journalize entries for the following related transactions of Manville Heating & Air Company. Refer to the Chart of Accounts for exact wording of account titles.

Mar. 1 Purchased $90,000 of merchandise from Wright Co. on account, terms 2/10, n/30.
Mar. 9 Paid the amount owed on the invoice within the discount period.
Mar. 11 Discovered that $18,000 of the merchandise purchased on March 1 was defective and returned items, receiving credit for $17,640 [$18,000 − ($18,000 × 2%)].
Mar. 18 Purchased $10,000 of merchandise from Wright Co. on account, terms n/30.
Mar. 20 Received a refund from Wright Co. for return on Mar. 11 less the purchase on Mar. 18.

See explanation section.

Explanation:

March 1,   Purchased     Debit      $90,000

Accounts payable        Credit     $90,000

Note: To record the purchased on account.

March 9,   Accounts payable   Debit  $90,000

Cash                                           Credit  $88,200

Purchased discount                  Credit  $1,800

Calculation: $90,000  - ($90,000 × 2%) = $88,200

Note: To record the payment.

March 11,       No journal entry required.

March 18,    Purchased     Debit   $10,000

Accounts payable             Credit  $10,000

Note: To record the purchased on account.

March 20,   Cash    Debit    $17,640

Refunds payable  Credit    $17,640

Note: To record the return.

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.