I need a hep in my accounting homework..


Here is a part of my case.


They have purchased 20 furniture for $ 20,000 on 2nd of June from Dakuta Company and there were purchasing term of FOB shipping point, terms 2/10, n/30. After purchase company also paid $100 for freight on the same day. On 5th June, jasim’s furniture was granted credit of $ 2000 by Dakuta Company for returned furniture. On 6th & 10th June, Company again purchase 20 furniture for $60,000 and 40 furniture for $1, 60,000 from New Castle Company for Cash. On 12th June, jasim’s furniture paid the full amount due to Dakuta Company.


Here I'm confused in the purchase from Dakuta company.. How many furniture I have to count for that purchase ?/ and what will be the Purchasing amount .


I am little weak in English. But I think, you understand , what I want to say !


Thanks in advance.

What help do you need? There are quantities and values indicating various unit prices, you have more than one supplier and you are making payment to one of them

FOB means Free on Board meaning the freight is paid from the factory to the ship and ownership starts with loading on the ship