Accounting

1. purchase 100 units of inventory on account at $9, terms 2/10, n/30 2. returned 10 of these units, due to indequate quality 3. paid the vendor the amount due on the invoice 4. sold 10 of these units to a customer on account, at $16 each, terms 2/10, n/30 5. the customer paid the amount due invalid date 6. the customer sold 5 units to a customer who used a visa credit card. the charge slip was submitted to the bank today, which deposited the sale less a 3% service charge to the company’s account 7. the company paid a $45 charge to ups to send the merchandise in the sale above to the customer
Price $ 0.01

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