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By the River Spas, Inc., purchased $10,900 worth of inventory from the Aqua Plus on account terms of 2/10, n/60. Some of the goods were
- By the River Spas, Inc., purchased $10,900 worth of inventory from the Aqua Plus on account terms of 2/10, n/60. Some of the goods were damaged during shipment, so By the River Spas, Inc., returns $1,200 of the merchandise to the Aqua Plus. journalize the following transactions for By the River Spas, Inc. assuming the "net" method is utilized.
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