Tara’s Card and Novelty Shop is a retail card, novelty, and business supply store. Tara’s Card and Novelty Shop commenced business on April 1, 2016. The firm purchases merchandise on open account. The firm’s purchases, purchases returns and allowances, and cash payments on account during April 2016 follow:
DATE TRANSACTIONS
2016
April 2 Purchased copy paper for $2,300 plus a freight charge of $210 from Mailing and Packing Cen ter, Invoice 3772, terms n/30.
8 Purchased assorted holiday gift cards for $1,900 from Special Occasion Cards, Invoice 9516; terms 1/10, n/30.
9 Received Credit Memorandum 155 for $220 from Mailing and Packing Center for return of copy paper that was water damaged. The copy paper was originally purchased April 2 on Invoice 3772.
12 Purchased five boxes of novelty items for $1,200 from Specialty Cards, Invoice 4901, terms n/30.
17 Issued Check 105 to Special Occasion Cards in payment of Invoice 9516, dated April 8, less the cash discount.
22 Purchased tray of cards for $750 from Specialty Cards, Invoice 4921, terms n/30.
23 Purchased supply of forms from Business Forms, Inc., for $1,980 plus shipping charges of $70 on Invoice 2020, terms n/30.
25 Received Credit Memorandum 225 for $75 from Specialty Cards for return of defective cards; the cards were originally purchased April 22 on Invoice 4921.
27 Purchased toner and other office supplies for $2,775 plus a freight charge of $85 from Business Forms, Inc., Invoice 2029, terms n/30.
30 Issued Check 111 to Mailing and Packing Center in payment of Invoice 3772, April 2, less the return of April 9.

INSTRUCTIONS
Record the transactions in a general journal. Use 1 as the journal page number.
Analyze: Assume 500 cards were received from Specialty Cards on April 22. What was the cost per card?