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Aprit 2 Purchased $4,600 of merchandise from Lyon Company with credit terss of 2/15,n/60, invoice dated April 2 , and FOB shipping point. April 17
Aprit 2 Purchased $4,600 of merchandise from Lyon Company with credit terss of 2/15,n/60, invoice dated April 2 , and FOB shipping point. April 17 Sent a check to Lyon Company for the April 2 purchase, net of the discount and the returned nerchandise. April 18 Purchased 58,586 of merchandise from Frist Corporation with credit terms of 1/10,n/30, invoice dated Aprit 18, and FOB destination. April 21 After negotiations over scuffed merchandise, received from frist a $500 allowance toward the $8,500 owed on April 28 Sent check to Frist paying for the April 18 purchase, net of the allowance and the discount
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