Ivanhoe's Book Warehouse distributes hardback books to retail stores and extends credit terms of 2/10, n/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 3 6 9 15 17 20 24 26 28 30 Purchased books on account for $1,600 from Binsfeld Publishers, terms 2/10, n/30. Sold books on account to Reading Rainbow for $2,900. The cost of the books sold was $1,400. Received $150 credit for books returned to Binsfeld Publishers. Paid Binsfeld Publishers in full. Received payment in full from Reading Rainbow. Sold books on account to Rapp Books for $1,900. The cost of the merchandise sold was $1,140. Purchased books on account for $1,900 from McGinn Publishers, terms 2/15, n/30. Received payment in full from Rapp Books. Paid McGinn Publishers in full. Sold books on account to Baeten Bookstore for $1,500. The cost of the merchandise sold was $970. Granted Baeten Bookstore $100 credit for books returned costing $60.

Ivanhoe's Book Warehouse distributes hardback books to retail stores and extends credit terms of 2/10,n/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased boeks on account for $1,600 from Binsfeld Publishers, terms 2/10,n/30. 3 Sold books on account to Reading Rainbow for $2,900. The cost of the books sold was $1,400, 6 Received $150 credit for books returned to Binsfeld Publishers. 9 Paid Binsfeld Publishers in full 15 Received payment in full from Reading Rainbow. 17 Sold books on account to Rapp Books for $1,900. The cost of the merchandise sold was $1,140. 20. Purchased books on account for $1,900 from MeGinn Publishers, terms 2/15,n/30 24 Received payment in full from Rapp Books 26 Paid MeGinn Publishers in full. 28 Sold books on account to Baeten Bookstore for $1,500. The cost of the merchandise sold was $970 : 30 Granted Baeten Bookstore $100 credit for books returned costing $60. Ivanhoe's Book Warehouse distributes hardback books to retail stores and extends credit terms of 2/10,n/30 to all of its customers. During the month of June, the following merchandising transactions occurred. June 1 Purchased boeks on account for $1,600 from Binsfeld Publishers, terms 2/10,n/30. 3 Sold books on account to Reading Rainbow for $2,900. The cost of the books sold was $1,400, 6 Received $150 credit for books returned to Binsfeld Publishers. 9 Paid Binsfeld Publishers in full 15 Received payment in full from Reading Rainbow. 17 Sold books on account to Rapp Books for $1,900. The cost of the merchandise sold was $1,140. 20. Purchased books on account for $1,900 from MeGinn Publishers, terms 2/15,n/30 24 Received payment in full from Rapp Books 26 Paid MeGinn Publishers in full. 28 Sold books on account to Baeten Bookstore for $1,500. The cost of the merchandise sold was $970 : 30 Granted Baeten Bookstore $100 credit for books returned costing $60