The following selected transactions were completed during

March
The following selected transactions were completed during March between Snyder Company
and Brooks Co.:Mar. 1 Snyder Company sold merchandise on account to Brooks Co., $12,750,
terms FOB destination, 2/15, n/eom. The cost of the merchandise sold was $6,000.2 Snyder
Company paid transportation costs of $150 for delivery of merchandise sold to Brooks Co. on
March 1.5 Snyder Company sold merchandise on account to Brooks Co., $18,500, terms FOB
shipping point, n/eom. The cost of the merchandise sold was $11,000.6 Brooks Co. returned
$2,000 of merchandise purchased on account on March 1 from Snyder Company. The cost of
the merchandise returned was $1,200.9 Brooks Co. paid transportation charges of $180 on
March 5 purchase from Snyder Company.15 Snyder Company sold merchandise on account to
Brooks Co., $20,000, terms FOB shipping point, 1/10, n/30. Snyder Company paid
transportation costs of $1,750, which were added to the invoice. The cost of the merchandise
sold was $12,000.16 Brooks Co. paid Snyder Company for purchase of March 1, less discount
and less return of March 6.25 Brooks Co. paid Snyder Company on account for purchase of
March 15, less discount.31 Brooks Co. paid Snyder Company on account for purchase of March
5.InstructionsJournalize the March transactions for (1) Snyder Company and (2) Brooks
Co.View Solution:
The following selected transactions were completed during March
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completed-during-march/

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