Roller Blade Company Uses the Perpetual Inventory System and Had

Essay

Roller Blade Company uses the perpetual inventory system and had the following transactions during October:
$$\begin{array} { | l | l | } \hline \text { October 6: } & \begin{array} { l } \text { Purchased } \$ 4,000 \text { of inventory. The seller's } \text { credit terms are } 2 / 10 , \\\text { n/30. }\end{array} \\\hline \text { October } 8 : & \text { Returned } \$ 200 \text { worth of defective units and received full credit. } \\\hline \text { October } 15 : & \text { Paid the amount due, less the returned items. } \\\hline\end{array}$$
Prepare journal entries to record each of the preceding transactions.