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This information relates to Larkspur Co . On April 5 , purchased merchandise on account from Crane Company for $ 2 8 , 0 0

This information relates to Larkspur Co. On April 5, purchased merchandise on account from Crane Company for $28,000, terms (4)/(10),(n)/(30). On April 6, paid freight costs of $600 on merchandise purchased from Crane. On April 7, purchased equipment on account for $31,700. On April 8, returned $5,100 of April 5 merchandise to Crane Company. On April 15, paid the amount due to Crane Company in full.

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