from Valsad Company, $9,600. Terms 2/10,n/EOM, FOB shipping point. More info Nov. 4 Purchased merchandise inventory on account from Valsad Company, $9,600. Terms 2/10,n/EOM, FOB shipping point 6 Paid freight bill of $180 on November 4 purchase. 8 Returned half of the inventory purchased on November 4 from Valsad Company. 10 Sold merchandise inventory for cash, $1,000. Cost of goods, $400. FOB destination. 11 Sold merchandise inventory to Graceland Corporation, $10,000, on account Terms 3/10, n/EOM. Cost of goods, $5,000. FOB shipping point. 12 Paid freight bill of $80 on November 10 sale. 13 Sold merchandise inventory to Caldwell Company for $8,800 on account, terms of 2/15, n/45. Cost of goods, $4,840. FOB shipping point. 14 Paid the amount owed on account from November 4, less return and discount 16 After negotiations, granted a $900 allowance to Graceland Corporation on November 11 sale. 17 Received defective inventory as a sales return from the November 13 sale, $300. Cost of goods, $165. 18 Purchased inventory of $3,800 on account from Richmond Corporation. Payment terms were 2/10, 1/30, FOB destination. 20 Received cash from Graceland Corporation, less allowance and discount. 26 Paid amount owed on account from November 18, less discount. 28 Received cash from Caldwell Company, less return and discount. 29 Purchased inventory from Suarez Corporation for cash, $11,400, FOB shipping point. Freight in paid to shipping company, $190. Print Done ember 10 sale-Cost of goods, $400. nts Debit Credit wered in over 2001 world when we were Dule tahdon C1.400 TOM, TOO Det C 000 New 3000 De error Ace Ou Bala C 000 of De wenn C