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Exercise 7-5 On June 3, Culver Company suld to Chester Company merchandise having a sale price of $5,200 with terms of 2/10, n/60, f.o.b. shipping

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Exercise 7-5 On June 3, Culver Company suld to Chester Company merchandise having a sale price of $5,200 with terms of 2/10, n/60, f.o.b. shipping paint. An lune 12, the company received a check for the balance due from Chester Company invcice totaling $97, ter n/30, was received by Chester n June 8 fro lohn Baoth Transport Service for the freight cost. On

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