Ivanhoe Corporation makes blenders [Its merchandise) and entered Into the following transactions during the month of September 201?. Sept. 2 Purchased merchandise from Jones Company on uedit for $4,160. Credit terms were 2110.. n130. Paid $240 for \"die delivery charges on the merchandise purchased on September 2. Purchased merchandise from Hoses Company on credit for $4,410. Credit terms were 3110, M30. Sold merchandise For cash. $1.290. Purchased store equipment For $8,300 from Santa Corporation. A down payment of $3,400 was made, and a note was signed for the remaining be Sold merchandise on credit to Stephanie Company For $1,095. 111e credit terms of the sale were 3f15, nf45. 10 Returned $260 of defective merchandise to Jones Company and received the appropriate credit. 11 Sold merchandise on credit to Michael Company for $1,300. The credit terms of the sale were 4.!10, n!60. 12 Paid the balance due to Jones Company for the September 2 purchase. 15 Paid the employees' salaries of $10,200. 16 Paid the balance due to Moses Company for the September 5 purchase. 18 Stephanie Company returned damaged merchandise to the company and received credit of $195. 22 Received full payment From Michael Company for the September 11 sale. 23 The company paid $420 For advertising. 23 Received full payment From Stephanie Company For the September 9 sale. 25 Issued a check for full payment for the note given to Santa Corporation for the purchase made on September 8. 23 Purchased merchandise for cash, $3,300. mood-mo