Adam Nicholas a former disc golf star operates adams discorama the following transactions were completed in april

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Problem 2 Adam Nichols, a former disc golf star, operates Adam's Discorama. The following transactions were completed during April. Apr. Purchased golf discs, bags, and other inventory on account from Rayford Co. 5 $1,200, FOB shipping point, terms 2/10, n/60. 7 Paid freight on the Rayford purchase $50. 9 Received credit from Rayford Co. for merchandise returned $100. 10 Sold merchandise on account for $900 to Galaxy Company, terms 2/15 n/30 FOB Destination. The merchandise sold had a cost of $540. 11 Paid shipping costs for merchandise sold on April 10th for $60 14 Paid Rayford Co. in full, less discount. Received returned merchandise from Galaxy Company for $300 that cost 21 $140. 23 Received payments in cash from Galaxy Company