A 2 Medical Supplies Inc 18 a medical supplies who opened in 2018 a business selling medical 3 supplies/products. The company imports products from around the world and sells to local 4 business in Canada 5 On December 1, purchased $3,500 of hand sanitizer from Pure Medical Products Inc. 6 terms 3/10, n/30, FOB shipping point. The appropriate party paid the shipping cost of 7 $250 On December 5, sold Masks costing $2,080 to Bay Company for a price of $1,600 with B terms of 2/10, n/30, FOB shipping point. The appropriate party paid the shipping cost of $395. On December 6, received a cheque of 6500 from Canada Revenue Agency for the rent 10 subsidy reducing the rent expense under Covid-19 Relief program 8 9 11 D On December 7, returned $550 of inventory to Pure Medical Products Inc, due to an error in the December 1 order, 12 13 On December 10, paid Pure Medical Products Inc. for the purchase on December On December 14, Bay Company returned $320 of inventory from the sale on December The inventory had a cost of $125. 14 F 15 16 17 18 19 20 GOn December 22, received the payment from Bay & Col on the December 3 sale, On December 23, purchased $ 4,200 of Oxygen Meter from Oscygen Trading terma 2/10 H n.30, FOB shipping point. The appropriate party paid the shipping cost of $350 I On December 25, paid wages and salaries to staff amounting to $8.000) 21 J On December 29, received cheque from Canada Revenue Agency for Wage Subsidy amounting to $2,500 22 23 K On December 31, received the payment of $40,000 as Loan from Govt of Canada under Canada Emergency Business On December 31 Paid Rent of $8,000 to Oxford Properties, being the landlord, 24 L A 2 Medical Supplies Inc 18 a medical supplies who opened in 2018 a business selling medical 3 supplies/products. The company imports products from around the world and sells to local 4 business in Canada 5 On December 1, purchased $3,500 of hand sanitizer from Pure Medical Products Inc. 6 terms 3/10, n/30, FOB shipping point. The appropriate party paid the shipping cost of 7 $250 On December 5, sold Masks costing $2,080 to Bay Company for a price of $1,600 with B terms of 2/10, n/30, FOB shipping point. The appropriate party paid the shipping cost of $395. On December 6, received a cheque of 6500 from Canada Revenue Agency for the rent 10 subsidy reducing the rent expense under Covid-19 Relief program 8 9 11 D On December 7, returned $550 of inventory to Pure Medical Products Inc, due to an error in the December 1 order, 12 13 On December 10, paid Pure Medical Products Inc. for the purchase on December On December 14, Bay Company returned $320 of inventory from the sale on December The inventory had a cost of $125. 14 F 15 16 17 18 19 20 GOn December 22, received the payment from Bay & Col on the December 3 sale, On December 23, purchased $ 4,200 of Oxygen Meter from Oscygen Trading terma 2/10 H n.30, FOB shipping point. The appropriate party paid the shipping cost of $350 I On December 25, paid wages and salaries to staff amounting to $8.000) 21 J On December 29, received cheque from Canada Revenue Agency for Wage Subsidy amounting to $2,500 22 23 K On December 31, received the payment of $40,000 as Loan from Govt of Canada under Canada Emergency Business On December 31 Paid Rent of $8,000 to Oxford Properties, being the landlord, 24 L
