Answer:
Explanation:
The journal entries are shown below:
1. Purchase A/c Dr $8,500
        To Accounts payable A/c $8,500
(Being purchase of inventory is made on credit)
2. Freight-in A/c Dr $45
          To Cash A/c $45
(Being freight charges is paid for cash)
3. Purchase A/c Dr $11,985
        To Accounts payable A/c $11,985
(Being purchase of inventory is made on credit)
4. Account payable A/c Dr $20,485     ($8,500 + $11985)
          To Cash A/c $20,280.15
          To Purchase discount A/c 204.85    ($20,485 × 1 %)
(Being the payment is recorded)