Business, 06.11.2019 06:31 aylineorozco836

On june 10, cullumber company purchased $8,400 of merchandise from oriole company, terms 3/10, n/30. cullumber company pays the freight costs of $380 on june 11. goods totaling $500 are returned to oriole company for credit on june 12. on june 19, cullumber company pays oriole company in full, less the purchase discount. both companies use a perpetual inventory system.

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On june 10, cullumber company purchased $8,400 of merchandise from oriole company, terms 3/10, n/30....

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