Unformatted text preview: Freight charges of $460 were prepaid by Melbourne and added to the invoice. No discount is permitted on the freight charges. 19-Jun Sold a $3,500 clock on account, terms 2/10, n/eom. Tic Toc sold the clock F.O.B. destination, and paid the freight charges of $330. 23-Jun The customer of June 19 called to report that the clock was received damaged. An agreement was reached to reduce the invoice by 20%. 27-Jun Paid Melbourne Clockworks for the purchase of June 11. 27-Jun Janci Holgren paid for the purchase of June 5. 28-Jun The customer of June 19 paid the balance due....
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- Spring '11
- Accounting, 1977, 1987, Melbourne Clockworks