Try another version of this question Consider the following transactions for Z-Container Co.: November 3 Z-Container Co. buys $38,300 worth of merchandise from Can Makers Corp. on account with credit terms of 2/10, n/30. November 7 Z-Container Co. returns $3,900 of the merchandise to Can Makers Corp. November 19 Z-Container Co. paid the amount due, less the return and discount. Journalize the purchase transactions. Date Description Debit Credit November 3 November 3 November 7 November 7 November 19 November 19 November 19 Date Description Debit Credit November 3 Merchandise Inventory 38,300 November 3 A/P-Can Makers 38,300 November 7 A/P-Can Makers 3,900 November 7 Merchandise Inventory 3,900 November 19 A/P-Can Makers 34,400 November 19 Merchandise Inventory 688 November 19 Cash 33,712