- - X Jeeded 2018 sales * More Info rios. As Nov. nderbil 4 Purchased merchandise inventory on account from Vanderbilt Company $6,000. Terms 3/10, VEOM, FOB shipping point. 6 Paid freight bill of $130 on November 4 purchase. 8 Retumed half of the inventory purchased on November 4 from Vanderbilt Company 10 Sold merchandise inventory for cash, $1,400. Cost of goods, $560. FOB destination. 11 Sold merchandise inventory to Graceland Corporation, $10,500, on account terms 2/10, 1/EOM. Cost of goods, $5,250. FOB shipping point. 12 Paid freight bill of $60 on November 10 sale. 13 Sold merchandise inventory to Cain Company, $8,500 on account, terms of n/45. Cost of goods, $4,250. FOB shipping point. 14 Paid the amount owed on account from November 4, less return and discount. 17 Received defective inventory as a sales return from the November 13 sale, $200. Cost of goods, $100. 18 Purchased inventory of 53,700 on account from Russo Corporation. Payment terms were 2/10, 1/30, FOB destination 20 Received cash from Graceland Corporation, less discount 26 Paid amount owed on account from November 18, less discount. 28 Received cash from Cain Company, less retum. 29 Purchased Inventory from Smith Corporation for cash, $11,700, FOB shipping point. Freight in paid to shipping company, $200. nput fields and 6 7 8 9 0 I Y vendor or ustomer am Sam's Adventure Land estimates sales returns at the end of each mone(Racord debt first, then credits Exclude explanations from ouma entries. Assume the company records sales at the net amount the icon to view revansactions Now. 4. Purchased merchandise inventory on account from Vanderbilt Company, 56.000 Terms 110, VEOM, FOB shipping point Choose from any rere any number in the inputs and then click Check Awe Check Answer 18 Pertaining