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1. On December 3, Crane Company sold $644,700 of merchandise to Blue C0. on account, terms 2/10,n/30, FOB destination. Crane paid $410 for freight charges.

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1. On December 3, Crane Company sold $644,700 of merchandise to Blue C0. on account, terms 2/10,n/30, FOB destination. Crane paid $410 for freight charges. The cost of the merchandise sold was $363,600. 2. On December 8 , Blue Co. was granted an allowance of $27,700 for merchandise purchased on December 3 . 3. On December 13, Crane Company received the balance due from Blue Co

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