Point of Seller

Date P.R. Debit

2019
a. June 16 Accounts Receivable 6,000
FOB Sales
Shipping
Point, 25 Cash 5,880
Freight Sales Discount 120
Collect Accounts Receivable

b. June 16 Accounts Receivable 6,000

FOB Transportation-Out 600
Destination, Sales
Freight Cash
Prepaid
25 Cash 5,880
Sales Discount 120
Accounts Receivable

c. June 16 Accounts Receivable 6,600

FOB Sales
Shipping Cash
Point,
Freight 25 Cash 6,480
Prepaid Sales Discount 120
Accounts Receivable

d. June 16 Accounts Receivable 5,400

FOB Transportation-Out 600
Destination, Sales
Freight
Collect 25 Cash 5,280
Sales Discount 120
Accounts Receivable
 Point of Buyer
Credit Date P.R.
2019
a. June 16 Purchase
6,000 FOB Accounts Payable
Shipping
Point, 17 Transportation In
Freight Cash
6,000 Collect
24 Accounts Payable
Cash
Purchase Discount
6,000
600 b. June 16 Purchase
FOB Accounts Payable
Destination,
Freight 24 Accounts Payable
6,000 Prepaid Cash
Purchase Discount

6,000 c. June 16 Purchase

600 FOB Transportation In
Shipping Accounts Payable
Point,
Freight 24 Accounts Payable
6,600 Prepaid Cash
Purchase Discount

d. June 16 Purchase
6,000 FOB Accounts Payable
Destination,
Freight 17 Accounts Payable
Collect Cash
5,400
24 Accounts Payable
Cash
Purchase Discount
er
Debit Credit

6,000
6,000

600
600

6,000
5,880
120

6,000
6,000

6,000
5,880
120

6,000
600
6,600

6,600
6,480
120

6,000
6,000

600
600

5,400
5,280
120