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The following transactions are given for TTB Company. 10 Jun: Purchased merchandise on account from Tiger Company for TL 1.850. 15 Jun: Sold merchandise on

The following transactions are given for TTB Company.

10 Jun: Purchased merchandise on account from Tiger Company for TL 1.850.

15 Jun: Sold merchandise on account (TL 400) under the condition 5/10,n/30. Its cost was TL 300.

27 Jun: One customer returned the goods (TL 50). Their cost was TL 30.

28 Jun: Sold merchandise on account (TL 600) under the condition 5/10,n/30. Its cost was TL 450.

30 Jun: Collected cash for the sale from 28 Jun.

Gross Profit after these transactions is:

300 TL

720 TL

620 TL

200 TL

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