accounting

[The folfowing intormation applies to the questions displaycd belowi Alled Merchandisers wos organized on May 1, Macy Company is a major custormet (buyer) of Allied (selles) products. Way 3 Allied mate lts first and soly purctiase of inveetery for the period on May 3 for 2,000 snits at o price of $9 cash per unit (for a total cost nf $16,000). may S. Allied seld 1,000 of the units in investery for 113 per unit (involes total1 113, 0es) te Macy Cospery snder credit terns 2/10, at6e, the goods cest Alifed $9,000. the whits, wich cest 5900 , to its imentory. Uwe the nbove infocinations, ancyyre each tassoction by irsficativg its effecis on the income statement-specificatis identify the accosints and artsouths (incluating + of - for eachi transaction