June 2 - Lyn bought P12,000 worth of goods for cash from Jasmine Store. June 5 - Jasmine Store issued a P500 credit memo to Lyn for returned defective goods. June 8 - Lyn bought P23,000 more goods, paying P3,000 down with a P10,000 60-day note due for the balance payable in 30 days. June 15 - Lyn paid the remaining balance and received a 2% discount for prompt payment.