Describe How the Transactions Listed Would Be Handled Applying the Gross

Essay

Describe how the transactions listed would be handled applying the gross approach method and the net approach method.For example: A $750 invoice with a 3/10 net 30 discount.
$\begin{array}{llcc} \text {Transaction } & \text { Gross Method } & \text {Net Method } \\\hline \text { (a) Record original transaction } &&\\ \text { (b) Returned purchases } &&\\ \text { (c) Discounts taken } &&\\ \text {(d) Discounts not taken } &&\\\end{array}$