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Sell Question 3) ABC company, is in QC, sells jackets. Record all the following transactions. (10points) Date Description Amount COGS Freight and credit terms 1

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Sell Question 3) ABC company, is in QC, sells jackets. Record all the following transactions. (10points) Date Description Amount COGS Freight and credit terms 1" Feb $2,000 $1,500 FOB Shipping point, 3/15-n/45 Feb Insurance fee IS 500 S 500 S 375 10th Feb Pay 30% of balance 20 FebPay remaining balance s 5 Feb Return

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