May 21: For the convenience of Crescent Co., paid freight on sale of May 21, $2,300. May 21: Received $42,900 cash from Gee Co. on account. May 21: Purchased merchandise on account from Osterman Co., terms 1/10,n/30, FOB destination, $88,000. May 7: Received $22,300 cash from Halstad Co. on account. May 10: Sold merchandise with a list price of $61,500 to custon May 13: Paid for merchandise purchased on May 3. May 15: Paid advertising expense for last half of May, $11,000. Comprehensive Problem 2 May 17: Received cash from sale of May 2. May 19: Purchased merchandise for cash, $18,700. May 19: Paid $33,450 to Buttons Co. on account. May 26: Refunded cash on sales made for cash, $7,500. The cost of the merchandise returned was $4,800. May 28: Paid sales salaries of $56,000 and office salaries of $29,000. May 29: Purchased store supplies for cash, $2,400. May 31: Received cash from sale of May 21 plus freight. May 31: Paid for purchase of May 21, less return of May 24. May 1: Paid rent for May, $5,000. May 2: Sold merchandise on account to Korman Co., terms n/15, FOB shipping point, $68,500. The cost of the go May 3: Purchased merchandise on account from Martin Co., terms 2/10,n/30, FOB shipping point, $36,000. May 4: Paid freight on purchase of May 3,$600