Mar 1 2 3 Crane Wholesalers uses a perpetual inventory system Stellar Stores purchases $9.200 of merchandise for resale from Crane Wholesalers. terms 2/10, 1/30, FOB shipping point The correct company pays $135 for the shipping charges. Stellar returns 51100 of the merchandise purchased on March 1 because it was the wrong colour. Crane gives Stellar a $1.100 credit on its account Stellar Stores purchases an additional $12.500 of merchandise for resale from Crane Wholesalers, terms 2/10,0:30 FOB destination The correct company pays $185 for freight charges. Stellar returns $500 of the merchandise purchased on March 21 because it was damaged. Crane gives Stellar a $500 Stellar pard Crane the amount owing for the merchandise purchased on March 1. Stellar paid Crane the amount owing for the merchandise purchased on March 21 21 22 credit on its account. 30 31 Additional information Mar. 1 Crane's cost of the merchandise sold to Stellar was $4.200 Crane's cost of the merchandise returned by Stellar was $502. As the merchandise was not damaged, it was returned to Crane's inventory Crane's cost of the additional merchandise sold to Stellar Stores was $5.707 Crane's cost of the merchandise returned by Stellar was $228. As the merchandise was damaged. It was put in the recycling bin 21 23 Corcos (Cathrichts) to record credit for good turned) Collection on (Collection on account 5 5 urrent Attempt in Progress Crane Wholesalers uses a perpetual inventory system Mar. 1 12 21 Stellar Stores purchases $9.200 of merchandise for resale from Crane Wholesalers, terms 2/10.1/30, FOB shipping. point The correct company pays $135 for the shipping charges. Stellar returns $1,100 of the merchandise purchased on March 1 because it was the wrong colour. Crane gives Stellar a $1100 credit on its account. Stellar Stores purchases an additional $12.500 of merchandise for resale from Crane Wholesalers, terms 2/10.1430 FOB destination, The correct company pays $185 for freight charges. Stellar returns $500 of the merchandise purchased on March 21 because it was damaged. Crane gives Stellar a $500 credit on its account Stellar paid Crane the amount owing for the merchandise purchased on March 1. Stellar paid Crane the amount owing for the merchandise purchased on March 21. 22 23 30 31 Additional information: Mar 1 3 Crane's cost of the merchandise sold to Stellar was $4 200, Crane's cost of the merchandise retumed by Stellar was $502. As the merchandise was not damaged, it was returned to Crane's inventory. Crane's cost of the additional merchandise sold to Stellar Stores was $5.707. Crane's cost of the merchandise returned by Stellar was $228. As the merchandise was damaged. It was put in the recycling bin 21 2222