Question

Returned merchandise to Starcraft Industries, $560. 15 Returned merchandise to XYZ, Inc., $400. 27 Returned merchandise to Datamagic, $900.

Answer 1

The appropriate journal entries to record the transactions are: Debit Accounts Payable/Starcraft Industries $560; Credit Purchases Returns and Allowances $560.

Journal entries

Jul. 7

Debit Accounts Payable/Starcraft Industries $560

Credit Purchases Returns and Allowances $560

Jul. 15

Debit  Accounts Payable/ XYZ, Inc.            $400

Credit Purchases returns and allowances  $400

Jul 27  

Debit  Accounts Payable/ Datamagic          $900

Credit Purchases returns and allowances  $900

Therefore the entries to record the transactions are: Debit Accounts Payable/Starcraft Industries $560; Credit Purchases Returns and Allowances $560.

Learn more about journal entries here:brainly.com/question/14279491

#SPJ1