On June 1, 2011, the Luttman and Dowd Company sold inventory to the Ushman Corporation for $400,000.
On June 1, 2011, the Luttman and Dowd Company sold inventory to the Ushman Corporation for $400,000. On June 1, 2011, the Luttman and Dowd Company sold inventory to the Ushman Corporation for $400,000. Terms of the sale called for…