Assignment#5 1) May1 Business purchased $1200 of inventory from Maple West, Terms 1/10, n/20 FOB 2) May2 Business sold $800 inventory to John's Ltd, the cost is $200, Terms 2/5, n/15 FOB 3) May3 Business purchased $1000 of inventory from Metro city Inc., paid in cash 4) May7 Business Received John's money. 5) May9 business purchased inventory $900 from Wildwind Ltd, Terms: 1/5, n/10, FOB 6) May 11 Business paid the Maple West in full 7) May30 paid Wildwind for the May9 purchase