Jan 16 Received $6,000 cash from Grand view Co for computer services Jan 17 Paid Shephard Corp for the purchase on Jan 7 Jan 20 Elite Corp returned $800 of defective merchandise from its purchase on Jan 13. The returned merchandise, which has a cost of $640 was scrapped Jan 22 Received the balance due from Elite Corp Jan 24 Returned defective merchandise to Shephard Corp. And accepted credit against future purchase. Its cost, net of discount was $792 Jan 26 Purchased $16,000 of merchandise from Shephard Corp with terms of 1/10, n/30 FOB destination Jan 26 Sold merchandise with a cost of $9.280 for $11.600 on credit to Hacienda Inc. Jan 31 Paid Carty Smith for 10 days work at $200 per day Feb 1 Paid $6,750 to the Lakeshore Mall for another three months' rent in advance. Feb 3 Paid Shephard Corp. for the balance due Feb 5 Paid $ 1,600 to the local newspaper for advertising Feb 11 Received the balance due from Alamo Engineering Co for fees billed on Jan 11 Feb 15 Mary Graham withdrew $9,600 cash for personal use. Jan 16 Received $6,000 cash from Grand view Co for computer services Jan 17 Paid Shephard Corp for the purchase on Jan 7 Jan 20 Elite Corp returned $800 of defective merchandise from its purchase on Jan 13. The returned merchandise, which has a cost of $640 was scrapped Jan 22 Received the balance due from Elite Corp Jan 24 Returned defective merchandise to Shephard Corp. And accepted credit against future purchase. Its cost, net of discount was $792 Jan 26 Purchased $16,000 of merchandise from Shephard Corp with terms of 1/10, n/30 FOB destination Jan 26 Sold merchandise with a cost of $9.280 for $11.600 on credit to Hacienda Inc. Jan 31 Paid Carty Smith for 10 days work at $200 per day Feb 1 Paid $6,750 to the Lakeshore Mall for another three months' rent in advance. Feb 3 Paid Shephard Corp. for the balance due Feb 5 Paid $ 1,600 to the local newspaper for advertising Feb 11 Received the balance due from Alamo Engineering Co for fees billed on Jan 11 Feb 15 Mary Graham withdrew $9,600 cash for personal use