Question: Exercise 4-lUA
Exercise 4-lUA <:.ash lliscoums a11a pmcnllse re111ru:; :)n March 6, 20 I I , Bobs Imports purchased merchand ise from Watches I nc. with a list price of 33 I.000. term s 2/ I0. n/ 45. On March I 0. Bo b's returned merchandi se to Watches ln c. for credit. The list price of the ret urned me rchand ise was $6,400. Bobs paid cash to settle the accounts pay :1.ble on March 15. 2011. Required a. What is the amount of the check that Bob 's must write to Watc hes Jnc. on March 15 ? b. Record the events in a hor izontal stateme nts model like the follow ing one.
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