1,Purchased $9,500 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB destination, invoice dated January 26
2,Sold merchandise with a $3,196 cost for $4,700 on credit to KC, Inc. , invoice dated January 26
3,Received a $496 credit memorandum from Kansas Corp. concerning the merchandise returned on January 24.
4,Paid cash to Michelle Jones for 10 days work at $150 per day
5,Feb. 1 Paid$2,625 cash to Summit Mall for another three months rent in advance
6,paid Kansas corp. for the balance due, net of the cash discount, less the $496 amount in the credit memorandum
7,paid $800 cash to the local newspaper for an advertising insert in today’s paper.
8,Received the balance due from Alex’s Engineering Co. for fees billed on January 11.
9,Adriana Lopez withdrew $5,200 cash for personal use
10,Sold merchandise with a $2,584 cost for $3,800 on credit to Delta Co. , invoice dated February 23.
2007-10-27
19:05:53
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2 answers
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asked by
akahoshi
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Other - Business & Finance