Answer:
The journal entries are as follows:
(1) Merchandise Inventory A/c (323 × $73) Dr. $23,579
To accounts payable $23,579
(To record the Purchase made on account)
(2) Accounts Payable A/c (13 × $73) Dr. $949
To Merchandise Inventory A/c $949
(To record the merchandise returned)
(3) Accounts Receivables A/c (269 × $108) Dr. $29,052
To Sales Revenue $29,052
(To record the merchandise sold on account)
Cost of Goods sold A/c (269 × $73) Dr. $19,637
To Merchandise Inventory $19,637
(To record the merchandise sold)