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Perform the following exercises of different transactions where purchases, discounts and returns are made. Librera Nuevo Amanecer sold 600 books on credit for $ 20.00

Perform the following exercises of different transactions where purchases, discounts and returns are made. Librera Nuevo Amanecer sold 600 books on credit for $ 20.00 each with a sales term of 2/10 n / 30. The cost of the books sold is $ 8,500. After selling the books, the customer returned 50 books because they were damaged. The customer then paid the balance due on the fifth day after purchasing the books. Jornalizes the sale, the return and the payment made by the customer. Indicate the gross profit that Librera Nuevo Amanecer obtained from this sale. Computadoras y Ms offers discounts to its customers and allows the customer to return the product if they are not satisfied. Computadoras y Ms had sales of $ 850,000 and offers the customer a payment term of 3/12 n / 30. The company received $ 15,000 in returned items. The cost of goods sold during the period after returns was $ 320,000. Find the net profit and the gross profit. Princess Jewelry purchased inventory for $ 7,000 on credit to Wholesale Jewelry on February 2. The term of sale that they offered was 3/10 n / 30. When they received the merchandise, there were some broken pieces for a total value of $ 800.00, which they returned to Wholesale Jewelry. On February 8, Princesa Jewelry paid the balance owed. Make the purchase, the return and the payment made. Part 2. Make the following purchases, sales, and returns entries. Ferretera Amigos carried out the following transactions during the month of March: Date (March) Transaction 2 $ 12,000 in inventory was purchased on credit with a term of 2/13 n / 30 and FOB shipping point. 4 Merchandise was returned for $ 400 from purchase made on March 2 because it was defective. 6 Shipping was paid for the purchase of inventory purchased on March 2. 11 Inventory was sold on credit to a customer for $ 5,000 with a term to sell of 2/10 n / 30. 12 The amount owed for the March 2 purchase was paid. 15 Customer was offered a discount on the March 11 purchase. 20 The customer who made the purchase on the 11th paid in full with the corresponding discounts

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