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Qirestion 5 Prepake foumal ontrien for the following transactions: a. purchasiod 5500 of morchandiset on account, subject to credit terms of 1/10,n30 b. Freight terms

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Qirestion 5 Prepake foumal ontrien for the following transactions: a. purchasiod 5500 of morchandiset on account, subject to credit terms of 1/10,n30 b. Freight terms are FO.B, shipping point. Paid 550 freight chargos in cash on delivery of merchandise purchased in transaction a c. Paid for merchandise in transaction a. after the expiration of the discosnt period

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