oct 4 purchased 15 motorbike at a cost of 1000sr each from youth bicycle company, terms 2/10, n/30
dr mi15000
cr a\p15000
oct 6 sold 9 motorbike to medina store for 1500sr each, terms 2/10, n/30
dr a\r 13500
cr sales 13500
dr cost of sales goods 9000
cr mi 9000
oct 7 received cridit from young rider company for the rturn of 1 defective motorbike
dr a\p 1000
cr mi 1000
oct 13 lssued a cridit memo to medina store for the return of a defective motorbike
1500 dr sales return
cr a\r 1500
dr mi 1000
cr cost of goods 1000
oct 14 paid young rider company in cash
dr a\p 14000
cr 13720
cr discounts 280