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Information related to Whispering Winds Corp. is presented below. 1. 2. 3. On April 5, purchased merchandise on account from Martinez Company for $34,800, terms
Information related to Whispering Winds Corp. is presented below. 1. 2. 3. On April 5, purchased merchandise on account from Martinez Company for $34,800, terms 2/10, net/30, FOB shipping point On April 6, paid freight costs of $790 on merchandise purchased from Martinez On April 7. purchased equipment on account for $28,200. On April 8, returned damaged merchandise to Martinez Company and was granted a $5,500 credit for returned merchandise. On April 15, paid the amount due to Martinez Company in full. 4. 5. No. Date Account Titles and Explanation Debit Credit 1 2. 3. I 4 >
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