only 27 entry lines are given.

Instructions The following were selected from among the transactions completed by Babcock Company during November of the current year Nov 4 5 6 8 3 Purchased merchandise on account from Moonlight Co list price $85,000, trade discount 25% terms FOB destination 2/10,n/30 Sold merchandise for cash. 537 680. The cost of the goods sold was $22,600 Purchased merchandise on account from Papoose Creek Co., 547,500, terms FOB shioring point. 2/10 n/30, with prepaid freight of 5810 added to the invoice Returned $13,500 (518,000 list price less trade discount of 25%) of merchandise purchased on November 3 from Moonlight Co. Sold merchandise on account to Quinn Co. 515,600 with terms n/15 The cost of the goods sold was $9.400 13 Paid Moonlight Co, on account for purchase of November 3, less return of November 6. 14 Sold merchandise on VISA $236.000 The cost of the goods sold was 140:000 15 Poid Papouse Creek Co, on account for purchase of November 5 23 Received cash on account from sale of November 8 to Quinn Co 24 Sold merchandise on account to Rabel Co. 556,900 terms 1/10, 1/30 The cost of the goods sold was S34,000 28 Paid VISA service fee of 53,540 30 Pald Quinn Co a cash refund of $6,000 for returned merchandise from sale of November 8. The cost of the retumed merchandise was $3300