Oct6 Oct 7 Oct 8 Oct9 Oct 10 Oct 11 Oct 12 Oct 12 Oct 13 Oct 13 Received a check on account from J. Rowling in payment of her Oct 1 invoice. (Reminder, all sales on account are made with terms 2/10, n/30. It will be up to you to determine whether or not payment is made within the discount period.) Recorded cash sales for the rest of the first week, $2,620. The cost of the related merchandise sold was $2,096. Some of the units sold to Polytechnic Academy are defective. Issued a $3,000 purchase allowance. (Polytechnic keeps the damaged merchandise inventory.) Sold some merchandise on account to the following businesses: e S, King, $3,900. The cost of the merchandise was $2,600 e D. Steele, $8,800. The cost of the merchandise was $6,600 Due to a power surge, all the bulbs in our store had to be replaced. Purchased store supplies from Bells & Bulbs, on account, $1,250, terms, n/30. Paid balance due to Arbitrary House. for purchase made on October 1. Purchased some inventory on account from Panda Publishers, $6,750, terms 2/10, n/30. Issued a credit memorandum to Sunshine Preschool for the return of some merchandise (50 picture books). The merchandise was in good condition. Received payment from R. Rowell on account. Sold some store supplies (at our cost) to the pharmacy next door. They paid us in cash, $190