part B

Three transactions for Oriole Gifts are presented here. On October 2, Oriole Gifts purchased $37,000 of merchandise from Sea Toys, terms 1/10,n/30. On October 6, Oriole Gifts returned $2,200 of the merchandise purchased on October 2. On October 12, Oriole Gifts paid the balance due to Sea Toys. a. How much cash is paid by Oriole Gifts on October 12 ? Cash Payment $ b. Post the transactions to the T-accounts. (Post entries in the order displayed in the problem statement.) b. Post the transactions to the T-accounts. (Post entries in the order displayed in the problem statement.)