Purchased merchandise on credit from O'Rourke Fabricators, Invoice 885, $3,900, terms 1/10, n/30; freight of $110 was paid by O'Rourke Fabricators and added to the invoice (total invoice amount, $4,010). Paid amount due to O'Rourke Fabricators for the purchase of April 1, less the 1 percent discount Check 457. Purchased merchandise on credit from Kroll Company, Invoice 145, $2,150, terms 1/10, n/30; freight of $165 prepaid by Kroll and added to the invoice. Returned damaged merchandise purchased on April 15 from Kroll Company; received Credit Memorandum 332 for $140. Paid the amount due to Kroll Company for the purchase of April 15, less the return on April 17, taking the 1 percent discount, Check 470.
Purchased merchandise on credit from O'Rourke Fabricators, Invoice 885, $3,900, terms 1/10, n/30; freight of $110 was paid by O'Rourke Fabricators and added to the invoice (total invoice amount, $4,010). Paid amount due to O'Rourke Fabricators for the purchase of April 1, less the 1 percent discount Check 457. Purchased merchandise on credit from Kroll Company, Invoice 145, $2,150, terms 1/10, n/30; freight of $165 prepaid by Kroll and added to the invoice. Returned damaged merchandise purchased on April 15 from Kroll Company; received Credit Memorandum 332 for $140. Paid the amount due to Kroll Company for the purchase of April 15, less the return on April 17, taking the 1 percent discount, Check 470.
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter11: Accounting For Purchases And Cash Payments
Section: Chapter Questions
Problem 1CP
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![Purchased merchandise on credit from O'Rourke Fabricators, Invoice 885, $3,900, terms 1/10,
n/30; freight of $110 was paid by O'ʻRourke Fabricators and added to the invoice (total invoice
amount, $4,010).
Paid amount due to O'Rourke Fabricators for the purchase of April 1, less the 1 percent discount,
Check 457.
Purchased merchandise on credit from Kroll Company, Invoice 145, $2,150, terms 1/10, n/30;
freight of $165 prepaid by Kroll and added to the invoice.
Returned damaged merchandise purchased on April 15 from Kroll Company; received Credit
Memorandum 332 for $140.
Paid the amount due to Kroll Company for the purchase of April 15, less the return on April 17,
taking the 1 percent discount, Check 470.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F52ec462d-158e-49e7-be59-474ce58d5305%2F9c9eb332-8e22-4251-aeb4-fd1c247bd0a7%2Fy2vkbdj_processed.png&w=3840&q=75)
Transcribed Image Text:Purchased merchandise on credit from O'Rourke Fabricators, Invoice 885, $3,900, terms 1/10,
n/30; freight of $110 was paid by O'ʻRourke Fabricators and added to the invoice (total invoice
amount, $4,010).
Paid amount due to O'Rourke Fabricators for the purchase of April 1, less the 1 percent discount,
Check 457.
Purchased merchandise on credit from Kroll Company, Invoice 145, $2,150, terms 1/10, n/30;
freight of $165 prepaid by Kroll and added to the invoice.
Returned damaged merchandise purchased on April 15 from Kroll Company; received Credit
Memorandum 332 for $140.
Paid the amount due to Kroll Company for the purchase of April 15, less the return on April 17,
taking the 1 percent discount, Check 470.
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