=+6. Returned $6,000 of merchandise purchased on April 3 from Prescott Co. 11. Sold merchandise on account

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=+6. Returned $6,000 of merchandise purchased on April 3 from Prescott Co.

11. Sold merchandise on account to Logan Co., list price $8,500, trade discount 20%, terms 1/10, n/30. The cost of the merchandise sold was $4,500.

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

14. Sold merchandise on VISA,$60,000.The cost of the merchandise sold was $36,000.

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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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