7 Accounts receivable, beg

Add: Jan. 2017 transaction

Collections from customers [147,250/(100-5%)]
Accounts receivable

8 Inventory, beg
Consignment of goods to a customer 137,500.00
Goods purchased FOB shipping point 108,750.00
Goods sold to a customer FOB shipping point (318,750.00)
Goods sold to a customer FOB destination 65,000.00
Inventory
1,127,000.00

155,000.00
1,282,000.00

3,025,000.00

(7,500.00)
3,017,500.00