A Company Had the Following Transactions During January Using the Net Method of Recording Purchases, Prepare the Journal

A company had the following transactions during January:
$\begin{array}{|l|l|}\hline \text { Jan. 2 } & \text { Purchased merchandise, invoice price of } \$ 16,000, \text { with terms } 2 / 10, \mathrm{n} / 30 . \\\hline 4 & \begin{array}{l}\text { Received a credit memorandum for } \$ 4,000, \text { the invoice price on } \\\text { merchandise returned from the purchase of January } 2 .\end{array} \\\hline 12 & \text { Purchased merchandise, invoice price of } \$ 15,000, \text { with terms } 3 / 15, \mathrm{n} / 30 . \\\hline 26 & \text { Paid for the merchandise purchased on January } 12 . \\\hline 30 & \text { Paid for the merchandise purchased on January 2. } \\\hline\end{array}$
Using the net method of recording purchases, prepare the journal entries to record these January transactions.