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Big Country Ski Shop is a retail store that sells ski equipment and clothing Big Country Ski Shop commenced business on September 1, 2019. The
Big Country Ski Shop is a retail store that sells ski equipment and clothing Big Country Ski Shop commenced business on September 1, 2019. The firm purchases merchandise on open account. The firm's purchases, purchase returns and allowances, and cash payments on account during September 2019 follow: DATE TRANSACTIONS 2019 Sept. 2 Purchased ski boots for $4,700 plus a freight charge of $120 Erom Colorado Ski Shop, Invoice 6672, terms n/30. terms 3/10, n/30, return of damaged ski boots the boots were originally purchased 3 Purchased skis for $10,300 from Alaska Supply Company, Invoice 5916 7 Received Credit Memorandum 165 for $810 Erom Colorado Ski Shop for 11 Purchased ski jackets for $3,100 from cold Mountain clothing Company 12 Issued check 104 to Alaska Supply Company in payment of Invoice 5916, 22 Purchased ski poles for $2,860 plus a freight charge of $215 from 23 Purchased ski pants for $1,350 from Svenson Ski Goods, Invoice 528, 25 Received Credit Memorandum 245 for $210 from Svenson Ski Goods for September 2 on Invoice 6672 Invoice 4091, terms n/30. dated September 3, less the cash discount. Alaska Supply Company, Invoice 5950, terms 3/10, n/30 terms n/30 return of defective ski pants: the pants were originally purchased September 23 on Involice 528. Colorado Ski Shop, Invoice 6722, terms n/30. September 2, less the return of September 7. 27 Purchased ski sweaters for $4,500 plus a freight charge of $195 from 30 Issued Check 110 to Colorado Ski Shop in payment of Invoice 6672, dated Required: Record the transactions in a general journal. Analyze What was the amount of the cash discount on Septetiber 12? Complete this question by entering your answers in the tabs below
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