The following were selected from among the transactions completed byFulah Design during December of the current year.

Dec 3.

Purchased merchandise on account from Jati Enterprise, list priceRM22,000, trade discount 25%, term FOB shipping point, 2/10,n30, with prepaid transportation cost ofRM660added to the invoice.

5.

Purchased merchandise on account from Tsofa Enterprise,RM20,250, terms FOB destination, 2/10,n30.

6.

Sold merchandise on account toMelatiWholesale, list priceRM18,000, trade discount 35%, terms 2/10,n30. The cost of merchandise sold wasRM8,250.

7.

ReturnedRM2,800of merchandise purchased on 5 December from Tsofa Enterprise.

13.

Paid Jati Enterprise on account for purchase of 3 December, less discount.

15.

Paid Tsofa Enterprise on account for purchase of 5 December, less return of December 7 and discount.

16.

Received cash on account from sale of 6 December toMelatiWholesale, less discount.

19.

Sold merchandise on MasterCard,RM49,500. The cost of the merchandise sold wasRM23,700.

22.

Sold merchandise on account toFurnitureResources,RM15,300, terms 2/10,n30. The cost of the merchandise sold wasRM6,700.

23.

Sold merchandise for cash,RM27,680. The cost of the merchandise sold wasRM12,100.

28.

Received merchandise returned byFurnitureResources from sale of 22 December,RM3,000. The cost of the returned merchandise wasRM1,400.

31.

Paid MasterCard service fee ofRM1,050.

The following were selected from among the transactions completed byFulah Design during December of the current year.

Dec 3.

Purchased merchandise on account from Jati Enterprise, list priceRM22,000, trade discount 25%, term FOB shipping point, 2/10,n30, with prepaid transportation cost ofRM660added to the invoice.

5.

Purchased merchandise on account from Tsofa Enterprise,RM20,250, terms FOB destination, 2/10,n30.

6.

Sold merchandise on account toMelatiWholesale, list priceRM18,000, trade discount 35%, terms 2/10,n30. The cost of merchandise sold wasRM8,250.

7.

ReturnedRM2,800of merchandise purchased on 5 December from Tsofa Enterprise.

13.

Paid Jati Enterprise on account for purchase of 3 December, less discount.

15.

Paid Tsofa Enterprise on account for purchase of 5 December, less return of December 7 and discount.

16.

Received cash on account from sale of 6 December toMelatiWholesale, less discount.

19.

Sold merchandise on MasterCard,RM49,500. The cost of the merchandise sold wasRM23,700.

22.

Sold merchandise on account toFurnitureResources,RM15,300, terms 2/10,n30. The cost of the merchandise sold wasRM6,700.

23.

Sold merchandise for cash,RM27,680. The cost of the merchandise sold wasRM12,100.

28.

Received merchandise returned byFurnitureResources from sale of 22 December,RM3,000. The cost of the returned merchandise wasRM1,400.

31.

Paid MasterCard service fee ofRM1,050.