please explain Apr 28 Merchandise inventory and Cash 4 Retur

please explain Apr 28
Merchandise inventory and Cash

4 Returned to Lyon Company unacceptable merchandise that hed an invoice price of s8ee 18 destination rece Apr 02 Apr 03 Cash Apr 04 Apr 17 Accounts payable-Lyon 60 Apr 18 Apr 21 Apr 28 Cash

Solution

Date Account titles and explanation Debit Credit Apr 28 Accounts payable—Frist $6,300 Merchandise inventory($6,900 $600) × 1% $63 Cash $6,237