Question: with this information how do I solve the question in the picture? This information relates to Cullumber Co. 1. On April 5, purchased merchandise on
with this information how do I solve the question in the picture?
This information relates to Cullumber Co.
| 1. | On April 5, purchased merchandise on account from Ayayai Company for $27,700, terms 2/10, net/30, FOB shipping point. | |
| 2. | On April 6, paid freight costs of $820 on merchandise purchased from Ayayai Company. | |
| 3. | On April 7, purchased equipment on account for $34,700. | |
| 4. | On April 8, returned some of April 5 merchandise, which cost $3,200, to Ayayai Company. | |
| 5. | On April 15, paid the amount due to Ayayai Company in full. |
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