Wiset Company completes these transactions during April of the current year (the terms of all its credit sales are 2/10 Search documents and file names for text Purchased $15, 100 of merchandise on credit from Noth Company, invoice dated April 2, terms 2/10, Apr 2 n/ 60 3 (a) Sold merchandise on credit to Page Alistair for $4,700 $3,500) Invoice No 760 cost is 3 (b) Purchased $1,560 of office supplies on credit from Custer, Inc. Invoice dated April 2 terms n/10 EOM ed Check No. 587 to World View for advertising expense $9 11 Sold merchandise on credit to Paula Kohr Invoice No 761, for $8, 100 (cost is $7,500) Received an $85 credit memorandum from Custer, Inc., for the return of some of the offic supplies received on April 3 Purchased $12, 770 of store equipment on credit from Hal's Supply invoice dated April 9 terms n/10 EOM Sold merchandise on credit to Nic Nelson, Invoice No 762, for $11,000 (cost is $6,300 11 12 Issued Check No. 588 to Noth company in payment of its April 2 invoice less the discount 13 (a) Received payment from Page Alistair for the April 3 sale less the discount 13 (b) Sold $12,000 of merchandise on credit to Page Alistair $3,500) Invoice No cost is 763 Received payment from Paula Kohr for the April 5 sale less the discount 16 (a) Issued Check No 589 payable to Payroll in payment of sales salaries expense for the first half of the month, $10,900 Cashed the check and paid employees 16 (b) Cash sales for the first half of the month are $54, 690 cost is $42, 300) (Cash sales are recorded daily from cash register data but are recorded only twice in this problem to reduce repetitive entries.) Purchased $12,600 of merchandise on credit from Grant Company, invoice dated April 17 17 terms 2/10, n/30 Borrowed $61,000 cash from First State Bank by signing a long-term note payable 18 20 (a) Received payment from Nic Nelson for the April 1 sale less the discount 20 (b) Purchased $1,160 of store supplies on credit from Hal's Supply invoice dated April 19 terms n/10 EOM 23 (a) Received a $1,200 credit memorandum from Grant Company for the return of defective merchandis received on April 17 23 (b) Received payment from Page Alistair for the April 13 sale less the discount 25 Purchased $1 1,665 of merchandise on credit from Noth Company invoice dated April 24 terms 2/10 n/ 60 26 Issued Check No. 590 to Grant Company in payment of its April 1 invoice less the return and the discoun 27 (a) sold $3,200 of merchandise on credit t o Paula Kohr $2,480) Invoice No 764 cost is 27 (b) Sold $6,100 of merchandise on credit to Nic Nelson, Invoice No 765 cost is $4,850) 30 (a) Issued Check No. 591, payable to Payroll in payment of the sales salaries expense for the last half of the month, $10,900 30 (b) Cash sales for the last half of the month are $74, 100 cost is $64, 100) Wiset Company completes these transactions during April of the current year (the terms of all its credit sales are 2/10 Search documents and file names for text Purchased $15, 100 of merchandise on credit from Noth Company, invoice dated April 2, terms 2/10, Apr 2 n/ 60 3 (a) Sold merchandise on credit to Page Alistair for $4,700 $3,500) Invoice No 760 cost is 3 (b) Purchased $1,560 of office supplies on credit from Custer, Inc. Invoice dated April 2 terms n/10 EOM ed Check No. 587 to World View for advertising expense $9 11 Sold merchandise on credit to Paula Kohr Invoice No 761, for $8, 100 (cost is $7,500) Received an $85 credit memorandum from Custer, Inc., for the return of some of the offic supplies received on April 3 Purchased $12, 770 of store equipment on credit from Hal's Supply invoice dated April 9 terms n/10 EOM Sold merchandise on credit to Nic Nelson, Invoice No 762, for $11,000 (cost is $6,300 11 12 Issued Check No. 588 to Noth company in payment of its April 2 invoice less the discount 13 (a) Received payment from Page Alistair for the April 3 sale less the discount 13 (b) Sold $12,000 of merchandise on credit to Page Alistair $3,500) Invoice No cost is 763 Received payment from Paula Kohr for the April 5 sale less the discount 16 (a) Issued Check No 589 payable to Payroll in payment of sales salaries expense for the first half of the month, $10,900 Cashed the check and paid employees 16 (b) Cash sales for the first half of the month are $54, 690 cost is $42, 300) (Cash sales are recorded daily from cash register data but are recorded only twice in this problem to reduce repetitive entries.) Purchased $12,600 of merchandise on credit from Grant Company, invoice dated April 17 17 terms 2/10, n/30 Borrowed $61,000 cash from First State Bank by signing a long-term note payable 18 20 (a) Received payment from Nic Nelson for the April 1 sale less the discount 20 (b) Purchased $1,160 of store supplies on credit from Hal's Supply invoice dated April 19 terms n/10 EOM 23 (a) Received a $1,200 credit memorandum from Grant Company for the return of defective merchandis received on April 17 23 (b) Received payment from Page Alistair for the April 13 sale less the discount 25 Purchased $1 1,665 of merchandise on credit from Noth Company invoice dated April 24 terms 2/10 n/ 60 26 Issued Check No. 590 to Grant Company in payment of its April 1 invoice less the return and the discoun 27 (a) sold $3,200 of merchandise on credit t o Paula Kohr $2,480) Invoice No 764 cost is 27 (b) Sold $6,100 of merchandise on credit to Nic Nelson, Invoice No 765 cost is $4,850) 30 (a) Issued Check No. 591, payable to Payroll in payment of the sales salaries expense for the last half of the month, $10,900 30 (b) Cash sales for the last half of the month are $74, 100 cost is $64, 100)