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1. Oct15 Sold inventory to Uberland Inc. for $2,700 (Cost is $380), terms 2/5, n/20 2. Oct17 Sold Inventory to ACE Co. for $5,400 (Cost
1. Oct15 Sold inventory to Uberland Inc. for $2,700 (Cost is $380), terms 2/5, n/20 2. Oct17 Sold Inventory to ACE Co. for $5,400 (Cost is $1,320) terms 3/10, n/30 3. Oct18 Paid the shipping charges $660 for Nov16 inventory sales. 4. Oct22 Received the money from Uberland Inc in full. 5. Oct23 Issued a credit memo to ACE Co.. for $330 for the allowance 6. Oct25 Received the money from ACE Co, in full. Please make entries for the above Inventory Sales and Receipts transactions. 1 A BI 00
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