Business, 19.10.2021 09:30 shiny9362

Riggs Distributing Company had the following transactions with Arlington, Inc., during the month of November: Nov. 10 Ryan sold $8,000 worth of merchandise with a cost of $4,500 to Arlington, with terms of 1/10, n/30
12 Arlington, Inc. paid freight charges on the shipment from Ryan Company $450
14 Ryan received $600 of merchandise returned, cost of $340 from Arlington from the November 10 sale.
19 Ryan received full payment for the net amount due on the November 10 sale.
20 Arlington, Inc. returned goods that had been billed originally at $400 cost of $280 Ryan issued a check for $396

Required:
Prepare the necessary journal entries.

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Riggs Distributing Company had the following transactions with Arlington, Inc., during the month of...

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