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N 1) Sept1 sold inventory to JenAir for $6000 ( cost is $4200) term 2/10, r/30 5 6 2) Sep2, business purchased $3,000 merchandise inventory
N 1) Sept1 sold inventory to JenAir for $6000 ( cost is $4200) term 2/10, r/30 5 6 2) Sep2, business purchased $3,000 merchandise inventory from Skylimit Inc. 7 Term 1/10, n/30 FOB 10 13) Sep3 business paid the delivery cost $430 for shipping the Sepi Inventory to 2 JenAir 5 16 4) Sep4 Skylimit sent a $250 debit memo to business for the Sep2, 2020 17 Inventory purchase. 10 15) Sept9 sold inventory to Dennis for $1800 ( cost of sales $1500) term 2/10, n/30 2 Terms: 2/15, n/30 18 9 6) Sept13, busines collected amount from JenAir in full 2. 3. 7) Sep12, business paid Skylimit in full 18 19 8) Sep14, business bought $5,500 from PacificEast Inc. 0 Terms: 2/5, n/30 FOB 14 5 9) Sep15, business issued a credit memo $375 to Dennis for the Sep9 inventory sales 18 1910) Sep 21, business paid PacificeEast in full 2 3 11) Sept24, collected amount owing from Dennis 18 CONDO
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