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Princess Jewelry purchased inventory for $ 7,000 on credit to Wholesale Jewelry on February 2nd. The term of sale they offered was 3/10 n /
Princess Jewelry purchased inventory for $ 7,000 on credit to Wholesale Jewelry on February 2nd. The term of sale 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 jewelery. On February 8, Joyeria Princesa paid the balance owed. Jornalize the purchase, return and payment made. * Please prepare the salary for sale, return and customer payment with discount, also calculate the gross profit. Work with income statement format.
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