Exercise 5-4 (Part Level Submission) On June 10, Purcey Company purchased $6,900 of merchandise from Guyer Company, terms 2/10, n/30. Purcey pays the freight costs of $400 on June 11. Goods totaling $200 are returned to Guyer for credit on June 12. On June 19, Purcey Company pays Guyer Company in full, less the purchase discount. Both companies use a perpetual inventory system