e vendor or customer name. ( debits frst, then credits. Exclude explanations from jounal entries More Info Terms 3/10, Nov. 10 al of the inventory punchased on November 4 from Vaisad Company nventory for cash, $1,500. Cost of goods, $000 FOB inventory to Garfeld Corporation, $10,900, on account Terms 10 Sold 11 Sold nventory to Garfield Corporation, $10,900, on account Terms 2/10, IVEOM. Cost of goods 3 Sold retum and discount 14 Paid the amount owed on account from November 4 l 16 After granted a $500 allowance to Garfeld Corporation on Nov. 11 17 Received defective inventory as a sales returm from the November 13 sale, $600 nventory of $4.200 an account trom Richards Corporation Payment terms wero 210nda F08 destination. 20 Recaived cash from Gartield 26 Paid amount owed on account from November 18, less discount ess allowance and disoount Nov. 11