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Transactions - Feb. 3 Purchased $2,800 of inventory on account under terms 1/10, 1/EOM and FOB shipping point 7 Returned $700 of defective merchandise purchased

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Transactions - Feb. 3 Purchased $2,800 of inventory on account under terms 1/10, 1/EOM and FOB shipping point 7 Returned $700 of defective merchandise purchased on February 3. 9 Paid freight bill of $500 on February 3 purchase. 10 Sold inventory on account for $4,400. Payment terms were 3/15, n/30 These goods cost the company $2,200 12 Paid amount owed on credit purchase of February 3, less the retum and the discount 28 Received cash from February 10 from the customer in full payment of their account Print Done F9 FIO F11 Calming Creations in the uses a perpetual inventory system. Joumaize the following is for Calming Creations Shop Explanations are not required. Record debts fruit, he credits Bude planations from journal arties Assume the company records at the nature. Round unters to the nearest Wholedo) (Click the icon to view the transactions) Feb. : Purchased $2,800 of vertory on court under terms 10. VEOM and Foe shipping pont Account Transactions Feb. Fati Feb : Remed 700 fotive merchandise purchased on February Accounts Purchased 200 EOM and Foot TR$700 odhon by Padil of 500 yapura 10 Sedinventory 400 W These chec2 12 Pedroom and 28 Feb Febny purchase Done Date Acco Chomary the out and then content

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