Exercise 4-3

A retailer is considering the purchase oI ten units oI a speciIic item Iram either oI two
suppliers. Their oIIers are the Iollows :
A : RM500 a unit, total oI RM5000, 2/10, n/30, plus transportation costs oI RM175
B : RM510 a unit, total oI RM5100, I/10, n/30, no charge Ior transportation
Which oI the two oIIers, A or B, yields the lower price?

SOLUTION :
A. RM5000 - ( 2 X 5000 ) 175 RM5075

B. RM5100 - ( 1 X 5100 ) RM5049

So, B is the lower price















!#OBLEM 4-3

The Iollowing were selected Irom among the transactions completed by Syarikat Kirasama
during April oI the current year :
Apr 3. Purchased merchandise on account Irom Syarikat Melawati, list price RM30 000,
trade discount 20 terms FOB destination, 2/10, n/30.
4. Sold merchandise Ior cash, RM5100. The cost oI merchandise sold was RM 3000.
5. Purchased merchandise on account Irom Syarikat Puncak, RM7500, term FOB
shipping poin, 2/10, n/30, with prepaid transportation cost oI RM200 added to the
invoice.
6. Returned RM4000 oI merchandise purchased on April 3 Irom Syarikat Melawati.
11. Sold merchandise on accont to Syarikat Bistari, list price RM2250, trade discount
20, term 1/10, n/30. The cost oI merchandise sold was RM1050.
13. Paid Syarikat Melawati. On account Ior purchased oI April 3, less return oI April 6
and discount.
15. Paid Syarikat Puncak on account Ior purchased oI April 5, less discount.
21. Received cash on account Irom sale oI April 11 to Syarikat Bistari, less discount.
24. Sold merchandise on account to Syarikat Hardina, RM4200, terms 1/10, n/30. The
cost oI merchandise sold was RM1850.
30. Received merchandise returned by Syarikat Hardina Irom sale on April 24,
RM1000. The cost oI the returned merchandise was RM600.

Instuctions
Journalize the transactions.