Apr

3

Purchased merchandise on account from Mandell Co., list price $30,000, trade

discount 40%, terms FOB destination, 2/10, n/30.

4

Sold merchandise for cash, $12,800. The cost of the merchandise sold was $7,600.

5

Purchased merchandise on account from Quinn Co., $18,750, terms FOB shipping

point, 2/10, n/30, with prepaid transportation costs of $715 added to the invoice.

6

Returned $3,500 of merchandise purchased on April 3 from Mandell Co.

11

Sold merchandise on account to Campo Co., list price $6,000, trade discount

20%, terms 1/10, n/30. The cost of the merchandise sold was $3,200.

13

Paid Mandell Co. on account for purchase of April 3, less return of April 6 and discount.

14

Sold merchandise on VISA, $52,700. The cost of the merchandise sold was $31,500

15

Paid Quinn Co. on account for purchase of April 5, less discount.

21

Received cash on account from sale of April 11 to Campo Co., less discount.

24

Sold merchandise on account to Elkins Co., $8,150, terms 1/10, n/30. The cost

of the merchandise sold was $4,500.

28

Paid VISA service fee of $1,500.

30

Received merchandise returned by Elkins Co. from sale on April 24, $1,200. The

cost of the returned merchandise was $900.