1)I-Aug Purchased Inventory from John's company for $24,000, terms: 1/15, n/30 FOB 2)2-Aug Business sold merchandise inventory to MicroUniverse Co. for $4,800, terms: 2/10. n/60 FOB. The Merchandise had cost $3,000 3)3-Aug Paid $200 for freight charges on the purchase of Augl. 2020 4)9-AUG Purchased inventory from Khan Co. For $9,200, terms: 2/15. n/60 5) 12-Aug Received a $1,200 credit Memo acknowledging the return of Merchandise purchased on Aug9. 6) 12-Aug Received balance due from MicroUniverse Co. for the credit sales dated Aug2. 7)16-Aug paid the balance due to John's Company. 8)19-Aug Sold merchandise that cost $3,600 to UltraCity Co. for $5,000 under the credit terms of 7)16-Aug paid the balance due to John's company. 8) 19-Aug Sold merchandise that cost $3,600 to UltraCity Co. for $5,000 under the credit terms of 2/15, n/60, FOB 9)21-Aug Issued a $600 credit Memo to UltraCity Co. for an allowance on goods sold on Aug 19. 2020 10)22-Aug Received a debit Memo from UltraCity Co. for an error that overstated the total invoice by $200 11)24-Aug Paid Khan Co. the balance due 12)30-Aug Received the balance due from UltraCity for the credit sales dated on Aug 19