Big Country Ski Shop is a retail store that sells

Big Country Ski Shop is a retail store that sells ski equipment and clothing. Big Country Ski
Shop commenced business on September 1, 2019. The firm purchases merchandise on open
account. The firm's purchases, purchase returns and allowances, and cash payments on
account during September 2019 follow:DATE TRANSACTIONS2019Sept. 2 Purchased ski
boots for $6,600 plus a freight charge of $310 from ColoradoSki Shop, Invoice 6672, terms
n/30.3 Purchased skis for $12,200 from Alaska Supply Company, Invoice 5916; terms 3/10,
n/30.7 Received Credit Memorandum 165 for $1,000 from Colorado Ski Shop for return of
damaged ski boots; the boots were originally purchased September 2 on Invoice 6672.11
Purchased ski jackets for $5,000 from Cold Mountain Clothing Company, Invoice 4091, terms
n/30.12 Issued Check 104 to Alaska Supply Company in payment of Invoice 5916, dated
September 3, less the cash discount.22 Purchased ski poles for $4,760 plus a freight charge of
$170 from Alaska Supply Company, Invoice 5950, terms 3/10, n/30. 23 Purchased ski pants for
$3,250 from Swenson Ski Goods, Invoice 528, terms n/30.25 Received Credit Memorandum
245 for $400 from Swenson Ski Goods for return of defective ski pants; the pants were originally
purchased September 23 on Invoice 528.27 Purchased ski sweaters for $3,600 plus a freight
charge of $150 fromColorado Ski Shop, Invoice 6722, terms n/30.30 Issued Check 110 to
Colorado Ski Shop in payment of Invoice 6672, dated September 2, less the return of
September 7.INSTRUCTIONSRecord the transactions in a general journal. Use 1 as the journal
page number.Analyze:What was the amount of the cash discount on September 12?View
Solution: Big Country Ski Shop is a retail store that sells
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