The following were selected from among the transactions completed by Babcock Company during November of the current year. Babcock uses the net method under a perpetual inventory system Nov 3 Purchased merchandise on account from Moonlight Co., list price $93,000, trade discount 30%, terms EOB destination, 2/10, n/30 4 Sold merchandise for cash, $35.370. The cost of the goods sold was $23.670 5 Purchased merchandise on account from Papoose Creek Co. $44,400, terms EOB shipping point 6 2/10, n/30, with prepaid freight of $810 added to the invoice Returned $13,300 ($19,000 list price less trade discount of 30%) of merchandise purchased on November 3 from Moonlight Co. 8 Sold merchandise on account to Quinn Co.. $17.080 with terms n15. The cost of the goods sold was $10,010 Paid Moonlight Co. on account for purchase of November 3, less return of November 6 13 14 Sold merchandise on VISA, $246.980. The cost of the goods sold was $152,530 15 Paid Papoose Creek Co. on account for purchase of November 5 23 24 28 30 Received cash on account from sale of November 8 to Quinn Co Sold merchandise on account to Rabel Co $52,400, terms 1/10, n/30 The cost of the goods sold was $31.410 Paid VISA service fee of $3.220. Paid Quinn Co a cash refund of $6,020 for returned merchandise from sale of November 8. The cost of the returned merchandise was $3,390