Mar. Stellar Stores purchases $$9,400$ of merchandise for resale from Ivanhoe Wholesalers, terms $\frac{2}{10},\frac{n}{30},$ FOB shipping

$1$ point.

$2$ The correct company pays $$175$ for the shipping charges.

$3$ Stellar returns $$1,200$ of the merchandise purchased on March $1$ because it was the wrong colour. Ivanhoe gives Stellar a

$$1,200$ credit on its account.Mar. Stellar Stores purchases $$9,400$ of merchandise for resale from Ivanhoe Wholesalers, terms $\frac{2}{10},\frac{n}{30},$ FOB shipping

$1$ point.

$2$ The correct company pays $$175$ for the shipping charges.

$3$ Stellar returns $$1,200$ of the merchandise purchased on March $1$ because it was the wrong colour. Ivanhoe gives Stellar a

$$1,200$ credit on its account.

$21$

Stellar Stores purchases an additional $$12,000$ of merchandise for resale from Ivanhoe Wholesalers, terms $\frac{2}{10},\frac{n}{30},$

FOB destination.

$22$ The correct company pays $$175$ for freight charges.

$23$

Stellar returns $$300$ of the merchandise purchased on March $21$ because it was damaged. Ivanhoe gives Stellar a $$300$

credit on its account.

$30$ Stellar paid Ivanhoe the amount owing for the merchandise purchased on March $1.$

$31$ Stellar paid Ivanhoe the amount owing for the merchandise purchased on March $21.$

Additional information:

Mar.

Ivanhoe's cost of the merchandise sold to Stellar was $$4,100.$

$3$

Ivanhoe's cost of the merchandise returned by Stellar was $$523.$ As the merchandise was not damaged it was returned to

Ivanhoe's inventory.

$21$ Ivanhoe's cost of the additional merchandise sold to Stellar Stores was $$5,234.$

$23$

Ivanhoe's cost of the merchandise returned by Stellar was $$131.$ As the merchandise was damaged, it was put in the

recycling bin.

$2$

Stellar Stores purchases an additional $$12,000$ of merchandise for resale from Ivanhoe Wholesalers, terms $\frac{2}{10},\frac{n}{30},$

FOB destination.

$22$ The correct company pays $$175$ for freight charges.

$23$

Stellar returns $$300$ of the merchandise purchased on March $21$ because it was damaged. Ivanhoe gives Stellar a $$300$

credit on its account.

$30$ Stellar paid Ivanhoe the amount owing for the merchandise purchased on March $1.$

$31$ Stellar paid Ivanhoe the amount owing for the merchandise purchased on March $21.$

Additional information:

Mar.

Ivanhoe's cost of the merchandise sold to Stellar was $$4,100.$

$3$

Ivanhoe's cost of the merchandise returned by Stellar was $$523.$ As the merchandise was not damaged, it was returned to

Ivanhoe's inventory.

$21$ Ivanhoe's cost of the additional merchandise sold to Stellar Stores was $$5,234.$

$23$

Ivanhoe's cost of the merchandise returned by Stellar was $$131.$ As the merchandise was damaged, it was put in the

recycling bin.