.. Sprint 1:06 PNM * 52%- Transactions for Water Works-September Date Terms 2/15, n/EOM, FOB September 4 Paid freight bill of $60 on September 3 purchase. September 8 Sold merchandise inventory to Hilton Company, $5,700, on account. Terms 1/15 n/35. Cost of goods, 42,280 September 9 Purchase merchandise inventory on account from Tealon Wholesalers, $10,500. Terms 3/10, n/30, FOB destination return and discount September 13 After negotiations, received a $500 allowance from Teaton Wholesalers on account nVEOM. Cost of goods, $1,408 September 22 Made payment, less allowance, to Teaton Wholesalers for goods purchased on September 23 Jesper Company returned $600 of the merchandise sold on September 15. Cost of September 25 Sold merchandise inventory to Sundun for $1,800 on account that cost $792 goods, $264 Terms 2/10, n/30 were offered, FOB shipping point. As a courtesy to Sundan, $40 of freight was added to the involce for which cash was paid by Orange Glove. September 29 Received payment from Sundan, less allowance and discount. September 30 Received payment from Jesper Company, less retun The Adjusted Trial Balance for Water Works at September 30 Account Title Debit Cash 38,300 18,100 550 39,200 Offce Furniture 3.700 850 7.000 Account .. Sprint 1:06 PNM * 52%- Transactions for Water Works-September Date Terms 2/15, n/EOM, FOB September 4 Paid freight bill of $60 on September 3 purchase. September 8 Sold merchandise inventory to Hilton Company, $5,700, on account. Terms 1/15 n/35. Cost of goods, 42,280 September 9 Purchase merchandise inventory on account from Tealon Wholesalers, $10,500. Terms 3/10, n/30, FOB destination return and discount September 13 After negotiations, received a $500 allowance from Teaton Wholesalers on account nVEOM. Cost of goods, $1,408 September 22 Made payment, less allowance, to Teaton Wholesalers for goods purchased on September 23 Jesper Company returned $600 of the merchandise sold on September 15. Cost of September 25 Sold merchandise inventory to Sundun for $1,800 on account that cost $792 goods, $264 Terms 2/10, n/30 were offered, FOB shipping point. As a courtesy to Sundan, $40 of freight was added to the involce for which cash was paid by Orange Glove. September 29 Received payment from Sundan, less allowance and discount. September 30 Received payment from Jesper Company, less retun The Adjusted Trial Balance for Water Works at September 30 Account Title Debit Cash 38,300 18,100 550 39,200 Offce Furniture 3.700 850 7.000 Account