Question
3:364 < Assignment Details ACC 101: Principles of Accounting 1-Sec. 08_OnLine YBM Company completed the following transactions in June of 2021 June 1 Purchased
3:364 < Assignment Details ACC 101: Principles of Accounting 1-Sec. 08_OnLine YBM Company completed the following transactions in June of 2021 June 1 Purchased Supplies on Account, $740 June 3 Purchased inventory on account $5,000, terms, 3/15, n/30 June 7 Sold goods for cash, $2,000 (Cost $1,100) June 10 Found $200 worth of inventory purchased on June 3 to be damaged. Returned the inventory June 13 Sold goods on credit $1,000, terms 2/10, n/30. (Cost $550) June 16 Paid for Inventory purchased on June 3 minus the return and the discount. June 20 Gave customer credit of $150 for damaged merchandise from sale of June 13. Customer did not return merchandise. June 22 Received payment in full for sale of June 13 June 24 Purchased Inventory on account $4,200 plus freight charges of $300. June 28 Returned defective merchandise of $325 from purchase of June 24. Required: Previous Next Dashboard Calendar To Do Notifications Inbox
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