On June 15, Melo Park purchased merchandise for the race track. The invoice was for $6,000, terms 2/10, n/30. On June 20, Paradise Park returned $300 of merchandise for credit. On June 25, it paid the amount owed. Fill in the blanks below.
a) The debit to Merchandise Inventory on June 15 is ________.
b) The credit to Accounts Payable on June 15 is ________.
c) The credit to Merchandise Inventory on June 20 is ________.
d) The credit to Cash on June 25 is ________.
e) The credit to Merchandise Inventory on June 25 is ________.

Question

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The Answer of On June 15, Melo Park purchased merchandise for the race track. The invoice was for $6,000, terms 2/10, n/30. On June 20, Paradise Park returned $300 of merchandise for credit. On June 25, it paid the amount owed. Fill in the blanks below.
a) The debit to Merchandise Inventory on June 15 is ________.
b) The credit to Accounts Payable on June 15 is ________.
c) The credit to Merchandise Inventory on June 20 is ________.
d) The credit to Cash on June 25 is ________.
e) The credit to Merchandise Inventory on June 25 is ________.

On June 15, Melo Park Purchased Merchandise for the Race