13 15 14 15 15 16 16 17 17 20 The company paid salaries and wages for Oct. 1 - 15: Lyn Addie for 11 days' work at the rate of $150 per day. Ramona Santana receives a monthly salary of $5,700 and gets paid twice a month. The company paid $300 cash for freight charges on the merchandise purchased on Oct 10. The company received $4,200 cash from Delta Co. for computer services provided. The company paid Kansas Corp. for the invoice dated October 10, net of the discount. Liu Corp. returned $400 of defective merchandise from its invoice dated October 5. The returned merchandise had a $190 cost and was discarded. (The policy of Computer Solutions is to leave the cost of defective products in cost of goods sold.) The company received the balance due from Liu Corp., net of the credit for the returned merchandise. The company returned defective merchandise to Kansas Corp. and accepted a credit against future purchases. The defective merchandise invoice cost, net of the discount, was $694. The company purchased $7,800 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB destination, invoice dated October 26. The company sold merchandise with a $3,750 cost for $6,700 on credit to Gomez Co, Inc., invoice dated January 26. The company recorded cash sales of $3,706. The merchandise 18 22 19 24 20 26 21 26 22 29 13 15 14 15 15 16 16 17 17 20 The company paid salaries and wages for Oct. 1 - 15: Lyn Addie for 11 days' work at the rate of $150 per day. Ramona Santana receives a monthly salary of $5,700 and gets paid twice a month. The company paid $300 cash for freight charges on the merchandise purchased on Oct 10. The company received $4,200 cash from Delta Co. for computer services provided. The company paid Kansas Corp. for the invoice dated October 10, net of the discount. Liu Corp. returned $400 of defective merchandise from its invoice dated October 5. The returned merchandise had a $190 cost and was discarded. (The policy of Computer Solutions is to leave the cost of defective products in cost of goods sold.) The company received the balance due from Liu Corp., net of the credit for the returned merchandise. The company returned defective merchandise to Kansas Corp. and accepted a credit against future purchases. The defective merchandise invoice cost, net of the discount, was $694. The company purchased $7,800 of merchandise from Kansas Corp. with terms of 1/10, n/30, FOB destination, invoice dated October 26. The company sold merchandise with a $3,750 cost for $6,700 on credit to Gomez Co, Inc., invoice dated January 26. The company recorded cash sales of $3,706. The merchandise 18 22 19 24 20 26 21 26 22 29