question 5-3A need assistance

30 31 REL Sold merchandise that U S dated July 19 dise that cost $7,500 to Terra Co. for $10,000 under credit terms of 2/10,n/60. FOB shipping point 8% along As the senior purchaser for Belton Company, you are concerned that the purchase cotiated are not being taken advantage of by the accounts payable department. Calculate value impact to Belton Company of paying the July 9 purchase from Keene Co. after the dis- Consider both the lost early payment discount and the cost of capital for the period after the delapsed to the date Belton Company made the payment assume a 6% interest rate, round four decimal places). Draft an email to the accounts payable department explaining the overall impact of paying the invoice after the discount period and how Belton Company can better take vantage of purchase discounts going forward. em 5-3A Journal entries for merchandising activities--perpetual LO3 The Jewel Box purchases jewellery from around the world and sells to local retailers in Canada. Prepare gen- eral journal entries to record the following perpetual system merchandising transactions of The Jewel Box. Use a separate account for each receivable and payable; for example, record the purchase on August 1 in Accounts Payable-Luu Company Analysis Component: As the discounts you have negotiated the total dollar value im count period. Consider discount period elapsed to calculations to four decima dollar value impact of paying of Belton June 1 in 375 CHAPTER 5 Accounting for Merchandising Activities Requi 1. Re a. 10 Aue 1 Purchased necklaces from Luu Company for $4.000 under credit terms of 1/10, 1/30, FOB destination 4 At Luu Company's request. paid $350 for freight charges on the August 1 purchase, reducing the amount to Luu. -5 Sold rings to Green Ruby for $3,800 under credit terms of 2/10, 1/60, FOB destination. The merchand then cost $2.470. 8 Purchased bracelets from Jane Co. for $5,200 under credit terms of 1/10, 1/45, FOB shipping point 9 Paid $325 shipping charges related to the August 5 sale to Green Ruby. Green Ruby returned the rings purchased from the August 5 sale that had cost $440 and been sold for $800. The merchandise was restored to inventory. 12 After negotiations with Jane Co. concerning problems with the merchandise purchased on August 8, received a credit memo from Jane granting a price reduction of $400. 15 Received balance due from Green Ruby for the August 5 sale. 17 Purchased office equipment from WestCo on credit, $6,000,n/45. 18 Paid the amount due Jane Co. for the August 8 purchase. 19 Sold earrings to Chic Jewellery for $1,800 under credit terms of 1/10. n/30, FOB shipping point. The merchard had cost $990. 22 Chic Jewellery requested a price reduction on the August 19 sale because the merchandise did not specifications. Sent Chic Jewellery a credit memo for $300 to resolve the issue. 29 Received Chic Jewellery's payment of the amount due from the August 19 purchase. 30 Pald Luu Company the amount due from the August 1 purchase. d. A e. A 2. Usin in de Analysis multiple-s Problem CHECK FIG The followi of its fiscal Perpetual L05 eXcel Problem 5-4A Adjusting entries and multi-step income statement-perpetual L CHECK FIGURE: 2. Profit = $4,855 Information from the unadjusted trial balance of Electric Bike on December 31, of them cember 31, 2020, the end of the