Aug. 1 Purchased necklaces from Luu Company for $3,700 under credit terms of 3/10, n/30, FOB destination. 4 At Luu Companys request, paid $320 for freight charges on the August 1 purchase, reducing the amount owed to Luu. 5 Sold rings to Green Ruby for $3,620 under credit terms of 2/10, n/60, FOB destination. The merchandise had cost $2,320. 8 Purchased bracelets from Jane Co. for $4,900 under credit terms of 1/10, n/45, FOB shipping point. 9 Paid $295 shipping charges related to the August 5 sale to Green Ruby. 10 Green Ruby returned the rings purchased from the August 5 sale that had cost $410 and been sold for $770. The merchandise was restored to inventory. 12 After negotiations with Jane Co. concerning problems with the merchandise purchased on August 8, received a credit memo from Jane granting a price reduction of $400. 15 Received balance due from Green Ruby for the August 5 sale. 17 Purchased office equipment from WestCo on credit, $5,700, n/45. 18 Paid the amount due to Jane Co. for the August 8 purchase. 19 Sold earrings to Chic Jewellery for $2,450 under credit terms of 1/10, n/30, FOB shipping point. The merchandise had cost $1,120. 22 Chic Jewellery requested a price reduction on the August 19 sale because the merchandise did not meet specifications. Sent Chic Jewellery a credit memo for $250 to resolve the issue. 29 Received Chic Jewellerys payment of the amount due from the August 19 purchase.