Try another version of this question Consider the following transactions for Z-Container Co.: September 4 Z-Container Co. buys $37,900 worth of merchandise from Can Makers Corp. on account with credit terms of 2/10, n/30. September 7 Z-Container Co. returns $3,100 of the merchandise to Can Makers Corp. September 16 Z-Container Co. paid the amount due, less the return and discount. Journalize the purchase transactions. Date Description Debit Credit September 4 September 4 September 7 September 7 September 16 September 16 September 16 Date Description Debit Credit September 4 Merchandise Inventory 37,900 September 4 A/P-Can Makers 37,900 September 7 A/P-Can Makers 3,100 September 7 Merchandise Inventory 3,100 September 16 A/P-Can Makers 34,800 September 16 Merchandise Inventory 696 September 16 Cash 34,104