Exercise 6-13

1-May Purchases 21,000

Accounts Payable 21,000
1-May Freight-in 500
Cash 500
3-May Accounts Receivable 9,000
Sales 9,000
7-May Accounts Payable 10,000
Cash 10,000
11-May Accounts Payable 11,000
Purchase discount 420
Cash 10,580
17-May Purchases 30,000
Cash 22,500
Accounts Payable 7,500
22-May Cash 26,250
Sales 26,250
23-May Sales return 700
Cash 700
25-May Accounts receivable 16,000
Sales 16,000
Freight Out 300
Cash 300