On June 15, Paradise Park purchased merchandise for the race track. The invoice was for $4,500, terms 2/10, n/30. On June 20, Paradise Park returned $200 of merchandise for credit. On June 25, it paid the amount owed. Fill in the blanks below.
a. The debit to Inventory on June 15 is ________.
b. The credit to Accounts Payable on June 15 is ________.
c. The credit to Inventory on June 20 is ________.
d. The credit to Cash on June 25 is ________.
e. The credit to Inventory on June 25 is ________.

Question

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The Answer of On June 15, Paradise Park purchased merchandise for the race track. The invoice was for $4,500, terms 2/10, n/30. On June 20, Paradise Park returned $200 of merchandise for credit. On June 25, it paid the amount owed. Fill in the blanks below.
a. The debit to Inventory on June 15 is ________.
b. The credit to Accounts Payable on June 15 is ________.
c. The credit to Inventory on June 20 is ________.
d. The credit to Cash on June 25 is ________.
e. The credit to Inventory on June 25 is ________.

On June 15, Paradise Park Purchased Merchandise for the Race