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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 401 Weeks Ago, 1 Day Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
| July | 1 |
Purchased merchandise from Boden Company for $6,000 under credit terms of 1/15, n/30, FOB shipping point, invoice dated July 1. |
| Â | 2 |
Sold merchandise to Creek Co. for $900 under credit terms of 2/10, n/60, FOB shipping point, invoice dated July 2. The merchandise had cost $500. |
| Â | 3 |
Paid $125 cash for freight charges on the purchase of July 1. |
| Â | 8 | Sold merchandise that had cost $1,300 for $1,700 cash. |
| Â | 9 |
Purchased merchandise from Leight Co. for $2,200 under credit terms of 2/15, n/60, FOB destination, invoice dated July 9. |
| Â | 11 |
Received a $200 credit memorandum from Leight Co. for the return of part of the merchandise purchased on July 9. |
| Â | 12 |
Received the balance due from Creek Co. for the invoice dated July 2, net of the discount. |
| Â | 16 |
Paid the balance due to Boden Company within the discount period. |
| Â | 19 |
Sold merchandise that cost $800 to Art Co. for $1,200 under credit terms of 2/15, n/60, FOB shipping point, invoice dated July 19. |
| Â | 21 |
Issued a $200 credit memorandum to Art Co. for an allowance on goods sold on July 19. |
| Â | 24 |
Paid Leight Co. the balance due after deducting the discount. |
| Â | 30 |
Received the balance due from Art Co. for the invoice dated July 19, net of discount. |
| Â | 31 |
Sold merchandise that cost $4,800 to Creek Co. for $7,000 under credit terms of 2/10, n/60, FOB shipping point, invoice dated July 31. |
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