Homework Help: Accounting

Posted by Casey on Wednesday, February 15, 2012 at 11:12pm.

Hayes Warehouse distributes hardback books to retail stores and extends credit terms of 2/10, n/30 to all of its customers. During the month of June, the following merchandising transactions occurred

June 20 Purchased books on account for $720 from Cook Book Publishers, terms 1/15, n/30.

June 26 Paid Cook Book Publishers in full

if anyone can help me with this, I don't know how to do this one.

thanks

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