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eBook virg Strategy Sales-Related and Purchase-Related Transactions for Seller and Buyer The following selected transactions were completed during Juna between Salinas Company and Brokaw Company

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eBook virg Strategy Sales-Related and Purchase-Related Transactions for Seller and Buyer The following selected transactions were completed during Juna between Salinas Company and Brokaw Company June 2. Salinas Company sold merchandise on account to Brokaw Company on account to Brokaw Company, $19.300, terms FOB shipping point. 2/10, n/30. Salinas Company paid of s495, which was added to the inveice. The sest of the merchandise sold was $12.200. freight of $495, which was added to the invoice. The cost of the merchandise seld was $12,200. 8. Salinas Company sold merchandise on account to Brokaw Company, $29,000, terms FOB destination, 1/15, n/eom. 6. Salinas Company sold merchandise on account to Brokaw Company, $29,000, terms FOB destination. 1/15, n/eom. The cost of the merchandise sold was $17,400 8. Salinas Company paid freight of $310 for delivery of merchandise sold to Brokaw Company on June B Brokaw Company returned $6,700 of merchandise purchased on account on June 8 from Salinas Company on account on June 8 from Salinas Company. The cost of the merchandise returned was $3,500. 12. Brokaw Company paid Salinas Company for purchase of June 2, less discount 23. Brokaw Company paid Salinas Company for purchase of June 8, less discount and let return o.um. 2. 24. Salinas Company sold merchandise on account to Brokaw Company. $9 ,700. terms Foe shipping point, neomThe cost of the merchandise sold was $5,800. 26 Brokaw Company paid freight of $380 on 3une 24 purchase from Salinas Company 30. Brokaw Company paxd Salinas Company on account for purchase of June 24

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