Can someone help me with this accounting question so i can understand this: i received collections in full, le

Question

ss discounts, from customers billed on april 4.

april 2 purchased merch. on account from supply co. $6,900

april 4 sold merch. on account $5,500, FOB desitnation, the cost of the merch. sold was $4,100

april 5 paid $240 freight on april 4 sale

april 6 received credit from supply co. for merch. returned $500

april 11 paid supply co. in full, less discount

april 13 received collections in full, less discounts, from customers billed on april 4

april 14 purchased merch. for cash $3,800

april 16 received refund from supplier for returned goods on cash purchse of april 14, $500

Answer 1

4/02  DR  Inventory  6660

          DR Freight      240

         CR   A/P                              6900

4/4    CR    Sales                             5500

         DR   A/R          5500

         CR   Inventory                        4100

         DR   Cost of Sale   4100

4/5   CR    Cash                              240

         DR     A/P                 240

4/6    DR     A/P                500

         CR    Inventory                         500

4/11   CR    Cash                            6160

          DR   A/P                 6160

4/13   Dr    Cash                5500

          CR  A/R                                5500

4/14    CR   Cash                             3800

          DR    Inventory         3800

4/16    Dr     Cash                500

           Cr     Inventory                       500