Sales

Sold merchandise costing 250 000 to Altamirano Company with terms 2/10, n/30 F.O.B. shipping point
Sold merchandise worth 125 000 to RECS Company with terms 3/5, n15.
RECS Company returned merchandise amounting to 9 000 for they do not conform to the product
specifications.
Due to damage of inventory during delivery, BBLLAM granted a sales allowance of 6 000 per credit memo
number 23.
Receive payment from RECS Company
Sold goods to MERCS Company for cash 300 000
Sold merchandise to Alleje Groups of Company 450 000 on credit, terms 2/10, 1/30, n/60.
Issued 40 000 credit memo to Alleje Groups of Company
Received payment from Alleje groups of Company less return and applicable discount
Sold goods to HYT Inc. 150 000 for cash

Purchases
Purchased office supplies paying cash 3 000
Purchased a new computer for office use on credit for 100 000
Purchased merchandise from Sanford Corporation priced at 250 000 on credit terms 1/15 n/30
Received a 15 000 credit memo for merchandise purchased from Sanford Company and returned for credit.
Purchased merchandise from Roswell Inc. with a list price of 500 000 subject to a trade discount of 20%.