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its not imcomplete imma just assume you dont know what your doing which is fine hopefully someone else can help Instructions a. Prepare separate entries

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its not imcomplete imma just assume you dont know what your doing which is fine hopefully someone else can help
Instructions a. Prepare separate entries for each transaction on the books of Diaz Company. b. Prepare separate entries for each transaction for Taylor Company. The merchandise purchased by Diaz on June 10 had cost Taylor $4,800. E5.5 (LO 3) Presented below are transactions related to R. Humphrey Company. 1. On December 3, R. Humphrey Company sold $570,000 of merchandise on account to Frazier Co.. terms 1/10, n/30, FOB destination. R. Humphrey paid $400 for freight charges. The cost of the merchandise sold was $350,000. 2. On December 8, Frazier Co. was granted an allowance of $20,000 for merchandise purchased on December 3. 3. On December 13, R. Humphrey Company received the balance due from Frazier Co. Instructions a. Prepare separate entries for each transaction on the books of Diaz Company. b. Prepare separate entries for each transaction for Taylor Company. The merchandise purchased by Diaz on June 10 had cost Taylor $4,800. E5.5 (LO 3) Presented below are transactions related to R. Humphrey Company. 1. On December 3, R. Humphrey Company sold $570,000 of merchandise on account to Frazier Co.. terms 1/10, n/30, FOB destination. R. Humphrey paid $400 for freight charges. The cost of the merchandise sold was $350,000. 2. On December 8, Frazier Co. was granted an allowance of $20,000 for merchandise purchased on December 3. 3. On December 13, R. Humphrey Company received the balance due from Frazier Co

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