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The following were selected from among the transactions completed by Babcock Company during November of the current year: Nov. 3 Purchased merchandise on account from

The following were selected from among the transactions completed by Babcock Company during November of the current year:
Nov. 3 Purchased merchandise on account from Moonlight Co., list price $90,000, trade discount 25%, terms FOB destination, 210,n30.
4 Sold merchandise for cash, $36,900. The cost of the merchandise sold was $20,480.
5 Purchased merchandise on account from Papoose Creek Co., $50,700, terms FOB shipping point, 210,n30, with prepaid freight of $750 added to the invoice.
6 Returned $12,750( $17,000 list price less trade discount of 25%) of merchandise purchased on November 3 from Moonlight Co.
8 Sold merchandise on account to Quinn Co., $14,550 with terms n15. The cost of the merchandise sold was $9,510.
13 Paid Moonlight Co. on account for purchase of November 3, less return of November 6.
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