Consider the following transactions for RC Photo:

• August 2 RC Photo Shop sold $45,800 of camera equipment on account, credit terms 3/15, n/EOM.
• August 7 RC Photo Shop received a sales returns totaling $900 for damaged goods from the customer.
• August 19 RC Photo Shop receives payment from the customer on the amount due, less the return and discount.

Journalize the purchase transactions assuming RC Photo Shop uses the periodic inventory system.

Journal

Date	Description	Debit	Credit
August 2	A/PA/RCOGSCashInventory ExpenseMerchandise InvetoryPurchasesPurchases DiscountPurchases Returns & AllowancesSales DiscountSales Return & AllowanceSales Revenue
August 2	A/PA/RCOGSCashInventory ExpenseMerchandise InvetoryPurchasesPurchases DiscountPurchases Returns & AllowancesSales DiscountSales Return & AllowanceSales Revenue
August 7	A/PA/RCOGSCashInventory ExpenseMerchandise InvetoryPurchasesPurchases DiscountPurchases Returns & AllowancesSales DiscountSales Return & AllowanceSales Revenue
August 7	A/PA/RCOGSCashInventory ExpenseMerchandise InvetoryPurchasesPurchases DiscountPurchases Returns & AllowancesSales DiscountSales Return & AllowanceSales Revenue
August 19	A/PA/RCOGSCashInventory ExpenseMerchandise InvetoryPurchasesPurchases DiscountPurchases Returns & AllowancesSales DiscountSales Return & AllowanceSales Revenue
August 19	A/PA/RCOGSCashInventory ExpenseMerchandise InvetoryPurchasesPurchases DiscountPurchases Returns & AllowancesSales DiscountSales Return & AllowanceSales Revenue
August 19	A/PA/RCOGSCashInventory ExpenseMerchandise InvetoryPurchasesPurchases DiscountPurchases Returns & AllowancesSales DiscountSales Return & AllowanceSales Revenue