Increase (decrease) to income?

Chapter 5 Homework Mastery Problem i Saved Help Save increase Impact on income (decrease) to income July 1) Purchased merchandise from Boden Company for $6,000 under credit terms of 1/15, n/30, FOB shipping point, No impact on income 10 invoice dated July 1. points July 2) Sold merchandise to Creek Co. for $900 under credit terms of 2/10, n/60, FOB shipping point, invoice dated July 2 Increases net income eBook July 2) The cost of the merchandise sold to Creek Co. was $500 Decreases net income Ask July 3) Paid $125 cash for freight charges on the purchase of July 1. No impact on income Print July 8) Sold merchandise for $1,700 cash. Increases net income References July 8) The cost of the merchandise sold was $1,300 Decreases net income July 9) Purchased merchandise from Leight Co. for $2,200 under credit terms of 2/15, n/60, FOB destination, invoice No impact on income dated July 9 July 11) Returned $200 of merchandise purchased on July 9 from Leight Co., and debited its account payable for that No impact on income amount July 12) Received the balance due from Creek Co. for the invoice dated July 2, net of the discount. Decreases net income July 16) Paid the balance due to Boden Company within the No impact on income discount period. July 19) Sold merchandise to Art Co. for $1,200 under credit terms of 2/15, n/60, FOB shipping point, invoice dated July Increases net income 19 July 19) The cost of the merchandise sold to Art Co. was Decreases net income $800