Mar. 2. |
Sold merchandise on account to Equinox Co., $19,300, terms FOB
destination, 1/10, n/30. The cost of the goods sold was
$12,290. |
3. |
Sold merchandise for $11,050 plus 6% sales tax to retail cash
customers. The cost of the goods sold was $7,380. |
4. |
Sold merchandise on account to Empire Co., $59,620, terms FOB
shipping point, n/eom. TThe cost of the goods sold was
$32,530. |
5. |
Sold merchandise for $27,450 plus 6% sales tax to retail
customers who used MasterCard. The cost of the goods sold was
$17,590. |
12. |
Received check for amount due from Equinox Co. for sale on
March 2. |
14. |
Sold merchandise to customers who used American Express cards,
$14,650. The cost of the goods sold was $7,790. |
16. |
Sold merchandise on account to Targhee Co., $26,800, terms FOB
shipping point, 1/10, n/30. The cost of the goods sold was
$16,960. |
18. |
Issued credit memo for $4,600 to Targhee Co. for merchandise
returned from sale on March 16. The cost of the merchandise
returned was $2,990. |
19. |
Sold merchandise on account to Vista Co., $7,550, terms FOB
shipping point, 2/10, n/30. Paid $60 for freight and added it to
the invoice. The cost of the goods sold was $4,810. |
26. |
Received check for amount due from Targhee Co. for sale on
March 16 less credit memo of March 18. |
28. |
Received check for amount due from Vista Co. for sale of March
19. |
31. |
Received check for amount due from Empire Co. for sale of March
4. |
31. |
Paid Fleetwood Delivery Service $5,790 for merchandise
delivered during March to customers under shipping terms of FOB
destination. |
Apr. 3. |
Paid City Bank $920 for service fees for handling MasterCard
and American Express sales during March. |
15. |
Paid $6,471 to state sales tax division for taxes owed on
sales. |