p4

complete problem

201 P8.4 LO 2 Piesik Company had the following transactions during May 2010: Purchased direct materials from Holtman Company, $8,600; terms 1/10, n/30, FOB destination 10 Purchased direct materials from Lambson Company with a price of $7,200; terms n/30, FOB shipping point 12 Paid Holtman Company for the purchase of May 3. 13 Paid $150 freight and S60 for insurance on shipment from Lambson Company. 15 Returned $1,000 list price of direct materials purchased from Lambson Company because the items were damaged. 10 Purchased direct materials from Allan Company for $8.300: terms 2/10,n/60, FOB destination. 28 Paid Allan Company the amount due on the purchase of May 16. A. Make the inmalms- Required