Post, Freight and Carriers

Can someone help me with these Journal Entries?

Sansomite Co. distributes suitcases to retail stores and extends credit terms of 1/10, n/30 to all of its customers. At the end of June, Sansomite's inventory consisted of 40 suitcases purchased at $30 each. During the month of July the following merchandising transactions occurred. July1Purchased 60 suitcases on account for $30 each from Trunk Manufacturers, FOB destination, terms 2/10, n/30. The appropriate party also made a cash payment of $100 for freight on this date. 3Sold 40 suitcases on account to Satchel World for $50 each. 9Paid Trunk Manufacturers in full. 12Received payment in full from Satchel World. 17Sold 30 suitcases on account to The Going Concern for $50 each. 18Purchased 60 suitcases on account for $1,800 from Kingman Manufacturers, FOB shipping point, terms 1/10, n/30. The appropriate party also made a cash payment of $100 for freight on this date. 20Received $300 credit (including freight) for 10 suitcases returned to Kingman Manufacturers. 21Received payment in full from The Going Concern. 22Sold 45 suitcases on account to Fly-By-Night for $50 each. 30Paid Kingman Manufacturers in full. 31Granted Fly-By-Night $200 credit for 4 suitcases returned costing $120. Sansomite's chart of accounts includes the following: No. 101 Cash, No. 112 Accounts Receivable, No. 120 Merchandise Inventory, No. 201 Accounts Payable, No. 401 Sales, No. 412 Sales Returns and Allowances, No. 414 Sales Discounts, No. 505 Cost of Goods Sold.

Public Comments

1. oh, i get it