Response to the following problem:
Suppose KC Toys buys $185,800 worth of MegoBlock toys on credit terms of 2/10, n/30. Some of the goods are damaged in shipment, so KC Toys returns $18,530 of the merchandise to MegoBlock.
Journalize the following transactions :
1. Purchase of the goods on July 8,2012
2. Return of the damaged goods on July 12,2012
3. Payment on July 15, 2012.