(a) (b) (c) On March 2, Horst Company sold $800,000 of merchandise to Bernadina Company, terms 2/10, n/30. The cost of the merchandise sold was $540,000. On March 6, Bernadina Company returned $140,000 of the merchandise purchased on March 2. The cost of the merchandise returned was $94,000. On March 12, Horst Company received the balance due from Bernadina Company. Date Account Titles and Explanation March 2 Inventory Accounts Payable March 6 Accounts Payable Inventory Debit 784000 137200 March 12 Accounts Payable 646800 Cash Credit 784000 137200 646800