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Mar. 2 Purchased $900 of merchandise on credit, terms n/30. 6 Returned $150 of the items purchased on March 2. 8 Paid freight charges of $50 on the items purchased March 2. 16 Sold merchandise on credit for $1,200, terms n/15. The merchandise had a cost in inventory of $750. 17 Of the merchandise sold on March 16, $100 of it was returned. The items had cost Sandy’s $30. 25 Received payment in full from the customer of March 16. 31 Paid for the merchandise purchased on March 2.
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