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  3. june 1 purchased books on account for $1,400 from

June 1 Purchased books on account for $1,400 from Kline Publishers, FOB destination, terms 210,n30....

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Accounting

June 1 Purchased books on account for $1,400 from Kline Publishers, FOB destination, terms 210,n30. The appropriate party also made a cash payment of $50 for the freight on this date.
3 Sold books on account to Reading Rainbow for $2,000. The cost of the books sold was $940.
6 Received $100 credit for books returned to Kline Publishers.
9 Paid Kline Publishers in full, less discount
15 Received payment in full from Reading Rainbow.
17 Sold books on account to Blanco Books for $2,400. The cost of the books sold was $1,440.
20 Purchased books on account for $1,300 from Dietz Publishers, FOB destination, terms 215,n30. The appropriate party also made a cash payment of $60 for the freight on this date
24 Received payment in full from Blanco Books.
26 Paid Dietz Publishers in full, less discount
28 Sold books on account to Reddy Bookstore for $1,400. The cost of the books sold was $1,000.
30 Granted Reddy Bookstore $100 credit for books returned costing $60.
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