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Information related to Ayayai Co. is presented below. 1. 2. 3. 4. 5. On April 5, purchased merchandise on account from Windsor Company for $30,000,
Information related to Ayayai Co. is presented below. 1. 2. 3. 4. 5. On April 5, purchased merchandise on account from Windsor Company for $30,000, terms 3/10, net/30, FOB shipping point. On April 6, paid freight costs of $990 on merchandise purchased from Windsor. On April 7, purchased equipment on account for $45,800. On April 8, returned $4,500 of merchandise to Windsor Company. On April 15, paid the amount due to Windsor Company in full.
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