a) XYZ Corporation purchased merchandise for $4,200 under credit terms of 2/15, n/30, FOB destination. ALE + + NE b) XYZ Corporation's merchandise was sold for $5,900 under credit terms of 2/10, n/30, FOB factory. The cost of the merchandise was $3,245. c) Paid $325 shipping charges related to an earlier sale. NE d) Received the balance due for an earlier sale (within the discount period). e) A customer requested a price reduction on an earlier sale because the merchandise did not meet specifications. Sent a credit memorandum for $6,100 to resolve the issue. f) Paid $425 shipping charges related to an earlier purchase of merchandise g) XYZ Corporation's merchandise was sold for $3,700 cash. The merchandise cost $3,515. h) XYZ Corporation purchased merchandise for cash, $8,500, FOB factory. i) After negotiations with a supplier concerning problems with the merchandise purchased earlier, received a credit memorandum granting a price reduction of $11,000. i) A customer requested a price reduction on an earlier sale because the merchandise did not meet specifications. Sent a credit memorandum for $2,800 to resolve the issue. k) XYZ Corporation purchased merchandise for $8,800 under credit terms of 2/15, n/30, FOB destination. 1) XYZ Corporation sold merchandise that cost $2,040 for $3,400 cash. m) XYZ Corporation purchased merchandise for cash, $9,400, FOB factory. n) XYZ Corporation sold merchandise that cost $5,355 for $6,300 cash. o) XYZ Corporation purchased merchandise for cash, $1,700, FOB factory