2 Assingnment #6 31) 1-Aug Purchased Inventory from John's company for $24,000, terms: 1/15, n/30 FOB 4 72) 2-Aug Business sold merchandise inventory to MicroUniverse Co. for $4,800, terms: 2/10, n/60 FOB B The merchandise had cost $3,000 9 5 3) 3-Aug Paid $200 for freight charges on the purchase of Aug1, 2020 6 7 84) 8-Aug Sold merchandise costing $7,200 for $32,000 cash 9 5 5) 9-Aug Purchased inventory from Khan Co. For $9,200, terms: 2/15, n/60 6 7 8 6) 12-Aug Received a $1,200 credit memo acknowledging the return of merchandise purchased on Aug9. 9 17) 12-Aug Received balance due from MicroUniverse Co. for the credit sales dated Aug2. 2 6 7 8) 13-Aug Purchased office supplies from West Inc. on account, $1,000, n/30 8 9 0 9) 16-Aug Paid the balance due to John's company. 11 14 5 10) 19-Aug Sold merchandise that cost $3,600 to UltraCity Co. for $5,000 under the credit terms of 2/15, n/60, FOB -6 51 2 11) 21-Aug Issued a $600 credit memo to UltraCity Co. for an allowance on goods sold on Aug19, 2020 3 6 12) 22-Aug Received a debit memo from UltraCity Co. for an error that overstated the total invoice by $200 7 8 13) 24-Aug Paid Khan Co. the balance due 9 2 3 14) 30-Aug Received the balance due from UltraCity for the credit sales dated on Aug19. 4 7 8 15) 31-Aug Sold Inventory costing $3,200 to MicroUniverse Co. for $9,000 under the crdit terms of 2/10, n/60, FOB