August 1 Purchased merchandise from Perry Company for $10,100 under credit terms of 1/10, n/30, FOB destination, invoice dated August 1. August 5 Sold merchandise to Wilson Corporation for $6,500 under credit terms of 2/10, n/60, FOB destination, invoice dated August 5. The merchandise had cost $3,900. August 8 Purchased merchandise from Walker Corporation for $5,920 under credit terms of 1/10, n/45, FOB shipping point, invoice dated August 8. August 9 Paid $325 cash for shipping charges related to the August 5 sale to Wilson Corporation August 10 Wilson returned merchandise from the August 5 sale that had cost Taylor's $100 and was sold for $200. The merchandise was restored to inventory. August 12 After negotiations with Walker Corporation concerning problems with the purchases on August 8, Taylor's received a credit memorandum from Walker granting a price reduction of $800 off the $5,920 of goods purchased. August 14 At Perry's request, Taylor's paid $500 cash for freight charges on the August 1 purchase, reducing the amount owed to Perry. August 15 Received balance due from Wilson Corporation for the August 5 sale less the return on August 10. August 18 Paid the amount due Walker Corporation for the August 8 purchase less the price allowance from August 12. August 19 Sold merchandise to Thompson Company for $4,100 under credit terms of n/10, FOB shipping point, invoice dated August 19. The merchandise had cost $2,050. August 22 Thompson requested a price reduction on the August 19 sale because the merchandise did not meet specifications. Taylor's sent Thompson a $500 credit memorandum toward the $4,100 invoice to resolve the issue. August 29 Received Thompson's cash payment for the amount due from the August 19 sale less the price allowance from August 22. August 30 Paid Perry Company the amount due from the August 1 purchase.

August 1 Purchased merchandise fron Perry Company for $10,100 under credit terns of 1/10, n/30, F0B destination, invoice dated August 1. August 5 Sold merchandise to Wilson Corporation for 56 , 500 under credit terms of 2/10, n/6e, FoB destination, invoice. dated August 5. The ererchandise had cost 53,900. August 8 Purchased merchandise fron Walker Corporation for $5,920 under credit terms of 1/10, n/45, FoB shipping point, invoice dated August 8. August 9 Paid \$325 cash for shapping charges related to the August 5 sale to Witson Corporation Auqust 10 Wilson returned merchandise fron the August 5 sale that had cost Taylor's $100 and was sold for $200, The merchandise was restored to inventory. August 12 After negotiations with Walker Corporation concerning problens with the purchases on August 8 , Taylor"s. received a credit menorandun fron Walker granting a price reduction of s8ae off the 55,920 of goods purchased. August 14 At Perry's request. Taylor's paid $5 ee cash for freight charges on the August 1 purchase, reducing the amount owed to perry, August 15 Received balance due from Wilson Corporation for the August 5 sale less the return on August 10. August 18 Paid the amount due Watker Corporation for the August 8 purchase less the price allowance fron August 12. August 19 Sold merchandise to Thonpson Conpany for 54,100 under credit terms of n/10, foe shipping point, invoice dated August 19. The merchandise had cost $2, ese. August 22 Thompson requested a price reduction on the August 19 sale because the nerchandise did not neet specifications. Taylor's sent Thongson a 550 e credit menorandus toward the 54,100 invoice to resolve the issue. August 29 Received Thompson's cash paynent for the anount due fron the August 19 sale less the price allowance fton August 22. August 30 Paid Perry Company the amount due from the August 1 purchase. August 1 Purchased merchandise fron Perry Company for $10,100 under credit terns of 1/10, n/30, F0B destination, invoice dated August 1. August 5 Sold merchandise to Wilson Corporation for 56 , 500 under credit terms of 2/10, n/6e, FoB destination, invoice. dated August 5. The ererchandise had cost 53,900. August 8 Purchased merchandise fron Walker Corporation for $5,920 under credit terms of 1/10, n/45, FoB shipping point, invoice dated August 8. August 9 Paid \$325 cash for shapping charges related to the August 5 sale to Witson Corporation Auqust 10 Wilson returned merchandise fron the August 5 sale that had cost Taylor's $100 and was sold for $200, The merchandise was restored to inventory. August 12 After negotiations with Walker Corporation concerning problens with the purchases on August 8 , Taylor"s. received a credit menorandun fron Walker granting a price reduction of s8ae off the 55,920 of goods purchased. August 14 At Perry's request. Taylor's paid $5 ee cash for freight charges on the August 1 purchase, reducing the amount owed to perry, August 15 Received balance due from Wilson Corporation for the August 5 sale less the return on August 10. August 18 Paid the amount due Watker Corporation for the August 8 purchase less the price allowance fron August 12. August 19 Sold merchandise to Thonpson Conpany for 54,100 under credit terms of n/10, foe shipping point, invoice dated August 19. The merchandise had cost $2, ese. August 22 Thompson requested a price reduction on the August 19 sale because the nerchandise did not neet specifications. Taylor's sent Thongson a 550 e credit menorandus toward the 54,100 invoice to resolve the issue. August 29 Received Thompson's cash paynent for the anount due fron the August 19 sale less the price allowance fton August 22. August 30 Paid Perry Company the amount due from the August 1 purchase