Doughton Furniture Company Purchased Merchandise on Credit from Furniture Supply

Multiple Choice

Doughton Furniture Company purchased merchandise on credit from Furniture Supply for $8,000. Two days later Doughton returned $2,000 of the merchandise due to damage. When Doughton pays for the merchandise minus the return, it would record the payment in the:

A) General journal.
B) Purchases journal.
C) Cash disbursements journal.
D) Cash receipts journal.
E) Accounts Payable controlling account.