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64 E 8-8 65 Miggi Corp. purchases mdse.Ft Amie Co. on account for P224,000 terms FOB SP 2/10, 1/30 66 Amie adds transpo charges of
64 E 8-8 65 Miggi Corp. purchases mdse.Ft Amie Co. on account for P224,000 terms FOB SP 2/10, 1/30 66 Amie adds transpo charges of P13,000 to the above invoice. 67 Miggi returned some of the mdse, receiving a credit memo for P11,200, and then pays the amount due within the discount pd. date of purchase Step 1 68 69 P 70 71 -PR&A ret before pyt w/in disc pd Step 2 72 within the discount pd. Step 1 73 PD 74 75 Bal 76 77 Freight in 78 Net Purchases Step 3
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