Business, 24.01.2020 03:31 pringleosmond
P4-5 sales and purchase-related transactions for seller and buyer the following selected transactions were completed during june between snipes company and beejoy company:
june 8. snipes company sold merchandise on account to beejoy company, $18,250, terms fob destination, 2/15, n/eom. the cost of the merchandise sold was $10,000.
8. snipes company paid transportation costs of $400 for delivery of merchandise sold to beejoy company on. june 8.
12. beejoy company returned $5,000 of merchandise purchased on account on june 8 from snipes company. the cost of the merchandise returned was $3,000. 23. beejoy company paid snipes company for purchase of june 8, less discount and less return of june 12.
24. snipes company sold merchandise on account to beejoy company, $15,000, terms fob shipping point, n/eom. the cost of the merchandise sold was $9,000. 26. beejoy company paid transportation charges of $375 on june 24 purchase from snipes company.
30. beejoy company paid snipes company on account for purchase of june 24.
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P4-5 sales and purchase-related transactions for seller and buyer the following selected transaction...
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