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September Transactions for Manor Corporation Sept 1 paid salaries from August. Sept 1 prepaid insurance for 6months of $4800 Sept 3 purchased merchandise Inventory on

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September Transactions for Manor Corporation Sept 1 paid salaries from August. Sept 1 prepaid insurance for 6months of $4800 Sept 3 purchased merchandise Inventory on account from Shallin Wholesalers, $5000 terms 1/15, n/EOM Sept S bought offices supplies of $650 Sept 6 purchased merchandise inventory for cash $1700 Sept 6 returned $500 of inventory for Sept 3 purchase Sept 8 sold merchandise inventory to Hermosa Company, $6000 on account. Terms 2/15, n/35.Cost of goods, $2640 Sept 9 purchased merchandise inventory on account from Thomas Wholesalers, $8000. Terms 2/10, n/30 FOB destination Sept 12 received payment from Hermosa Company Sept 15 sold merchandise inventory to Jordan Company. $2500 on account. Terms 1/10, n/EOM. Cost of goods, $1050 Sept 15 performed service on merchandise to Jordan Company $500 paid in cash Sept 22 paid utilities bid of $500 Sept 22 made payment to Thomas Wholesalers for goods purchased on Sept 9 Sept 23 Jordan Company returned $400 of merchandise sold on Sept 15. Cost of goods, $160 Sept 25 sold merchandise inventory to Smithsons for $1100 on account, credit terms 2/10, n/30. Cost of goods sold is $400 Sept 26 granted $100 allowance to Smithsons for merchandise purchased on Sept 25. Sept 29 received payment from Smithsons Sept 30 received payment from Jordan Company Sept 30 paid dividends to stock holders $1000 Sept 30 paid salaries $3000

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