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Question 5 of 6 -/35 E RAHU On December 1, 2020 Vaugherinters had the account balances shown below. Deb Credit Cash E651 E 2.100 Accounts Receivable 5,460 Accumulated Depreciation Equipment Accounts Payable Share Capital-Ordinary Retained Earnings 4.200 28.000 2.730 Inventory Equipment 29.400 9,800 E 44.100 44,100 (4,200 x 0.65) The following transactions occurred during December Dec 3 Purchased 5.600 units of inventory on account at a cost of 0.72 per unit 5 Sold 6,160 units of inventory on account for 0.92 per unit.it sold 4.200 of the 0.65 units and 1,960 of the 0.72) Granted the December 5 customer E 258 credit for 280 units o inventory returned costing 198. These units were 7 20151 Question 5 of 6 -/35 Dec. 3 5 7 Purchased 5,6 units of inventory on account at a cost of 0.72 per unit Sold 6,160 units inventory on account for 0.92 per unit. It sold 4,200 of the 0.65 units and 1.960 of the 0.72) Granted the December 5 customer 258 credit for 280 units of inventory returned costing 198. These units were returned to inventory Purchased 3,080 units of inventory for cash at 0.78each. Sold 2,800 units of inventory on account for 0.95 per unit. It sold 2.800 the 0.72 units.) 17 22 Adjustment data: Accrued salaries payable 560 2 Depreciation E 280 per month Journalize the Decembert nsactions and adjusting entries, assuming Vaughn uses the perpetual inventory method. (Credit account titles are automatical indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to decimal places, eg,5,275) Date Account Titles and Explanation Debit Credit I (To record sales revenue.) pode cold Question 5 of 6 -/35 To record cost goods sold) 1 To record sales returns.) . (To record cost of sales returns 2151 -/35 (To recor cost of sales returns.) 1 (To record sales revenue.) To record cost of goods sold.) (To record accrued expense.) 21 -/35 15 (To record cost of goods sold) I (To record accrued expense.) (To record depreciation expense.) List of Accounts Attempts: 0 of 3 used Submit

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