hi View Policies Current Attempt in Progress Cullumber Hardware Store completed the following merchandising transactions in the month of May. At the beginning of May, Cullumbers' ledger showed Cash of $7,200 and Common Stock of $7,200. May 1 2 5 9 10 12 15 Purchased merchandise on account from Black Wholesale Supply for $7.200, terms 1/10, n/30. Sold merchandise on account for $3,600, terms 2/10, n/30. The cost of the merchandise sold was $2,500. Received credit from Black Wholesale Supply for merchandise returned $200. Received collections in full, less discounts, from customers billed on May 2. Paid Black Wholesale Supply in full, less discount. Purchased supplies for cash $900. Purchased merchandise for cash $2,300. Received $230 refund for return of poor-quality merchandise from supplier on cash purchase. Purchased merchandise from Wilhelm Distributors for $1,700, terms 2/10, n/30,

Current Attempt in Progress Cullurber Harcware Store conpleted the following merchandising transactions in the month of May At the beginning of Mar. My 1 Purchased merchundise oniaccount from Black Wholesale Supply for $7,200, terms 1/10, n/30 2 Soli marchandre on account for $3,600, terms 2/10. n/30. The cost of the merchandise sold was $2,500. 5 Recevedcredt is oin Eisck Wholesale supply for merchandise returned $200. 9. Receivedicolinctions in full, less civcounts, from customers bilied on May 2 10 Paid Black Wholesalesupplrin full less discount. 11 Purchasod supalies for cants900. 12 Pirchwed necthandone for cosh 52,500