1 More Info Purchased merchandise inventory on account trom Tristan Wholesalers, $10,5 Terms 1/10, n/30, FOB destination Made payment to Simmon Wholesalers for goods purchased on September 3, less return and discount. Received payment from Hilton Company, less discount. After negotiations, received a $100 allowance from Tristan Wholesalers Sold merchandise inventory to Jesper Company, $3,500, on account. Terms n/EOM. Cost of goods, $1,610 Made payment, less allowance, to Tristan Wholesalers for goods purchased on September 9 Jesper Company returned $800 of the merchandise sold on September 15. Cost of goods, $368 Sold merchandise inventory to Smithsons for $2,000 on account that cost $780 Terms of 3/10,N30 was offered, FOB shipping point. As a courtesy to Smithsons, $55 of freight was added to the invoice for which cash was paid by Oceanic. Received payment from Smithsons, less discount. Received payment from Jesper Company, less return 10 12 13 15 22 23 25 29 30