Show Me How Calculator and purchase-related transactions using perpetual inventory system Chart of Accounts Journal vere selected from among the transactions completed by Babcock Company during November of the current year 3 Purchased merchandise on account from Moonlight Co., list price S85.000, trade discount 25% terms FOB destination, 2/10, n/30. 4 Sold merchandise for cash, $37,680. The cost of the goods sold was $22,600 Purchased merchandise on account from Papoose Creek Co., $47,500, terms FOB shipping point 2/10, n/30, with prepaid freight of $810 added to the invpice 5 Returned S 13.500 (S18.000 list price less trade discount of 25%) of merchandise purchased on November 3 from Moonlight Co 8 Sold merchandise on account to Quinn Co., $15.600 with terms n/15. The cost of the goods sold was $9.400 13 Paid Moonlight Co on account for purchase of November 3, less return of November 6 14 Sold merchandise on VISA $236 000 The cost of the goods sold was $140.000 15 Paid Papoose Creek Co on account for purchase of November 5 23 Received cash on account from sale of November 8 to Quinn Co 24 Soid merchandise on account to Rabel Co $56 900 terms 1/10 n/30 The cost of the goods sold was $34,000 28 Paid VISA service fee of $3.540 Show Me How Calculator elated and purchase-related transactions using perpetual inventory system Chart of Accounts Journal ions 5 Purchased merchandise on account from Papoose Creek Co, $47 500, terms FOB shipping point 210, n/30, with prepaid freight of $810 added to the invoice Returned S 13,500 ($18,000 ist price less trade discount of 25%) of merchandise purchased on November 3 from Moonlight Co Sold merchandise on account to ann ,$15,600 with terms n15. The cost of the goods sold was $9,400 6 8 13 Paid Moonlight Co. on account for purchase of November 3, less retun of November 6 14 Sold merchandise on VISA, $236,000. The cost of the goods sold was $140.000 15 Paid Papoose Creek Co. on account for purchase of November 5 23 Received cash on account from sale of November 8 to Quinn Co 24 Sold merchandise on account to Rabel Co, $56 900, terms 1/10 n/30 The cost of the goods sold was $34,000 28 Paid VISA service fee of $3,540 30 Paid Quinn Co a cash refund of $6,000 for returned merchandise from sale of November 8 The cost of the returned merchandise was S3.300 lize the transactions. Refer to the Chart of Accounts for exsct wording of account titles ork Calculator Show Me How of Accounts CHART OF ACCOUNTS Babcock Company General Ledger ASSETS REVENUE 110 Cash 121 Accounts Receivable-Quinn Co 122 Accounts Receivable-Rabel Co. 125 Notes Receivable 130 Inventory 131 Estimated Returns Inventory 140 Office Supplies 141 Store Supplies 142 Prepaid Insurance 180 Land 192 Store Equipment 193 Accumulated Depreciation-Store Equipment 194 Office Equipment 410 Sales 610 Interest Revenue EXPENSES 510 Cost of Goods Sold 521 Delivery Expense 522 Advertising Expense 524 Depreciation Expense-Store Equipment 525 Depreciation Expense-Office Equipment 526 Salaries Expense 531 Rent Expense 533 Insurance Expense 534 Store Supplies Expense k My Work Calculator Show Me How Book Chart of Accounts 534 Store Supplies Expense 194 Office Equipment 195 Accumulated Depreciation-Office Equipment535 Office Supplies Expense 536 Credit Card Expense 539 Miscellaneous Expense 710 Interest Expense LIABILITIES 211 Accounts Payable-Moonlight Co. 212 Accounts Payable-Papoose Creek Co 216 Salaries Payable 218 Sales Tax Payable 219 Customer Refunds Payable 221 Notes Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends 313 Income Summary heck Ply Wark dohnoker= assignments&takeAssignmentSessionLocatore assignment-take&rprogress-false Show Me How ated and purchase related transactions using perpetual inventory system Journal OURNAL ACCOUNTING EQUIATION CREDI Nov 03 to 63,7500 Inventory 3,750.00 $7,680.00 Sales 7680.00 Cost of Goods Sold 2,60000 2,600 00 Inventory Nov 5 Inventory 7.500 00 1000 40,320 00 ccounts payabl o6accounts payable a 23,500 00 13,300 00 eventory 15 60000 nd purchase related transactions using perpetual inventory system Chart of Journal 8 accounts receivable 15,600.00 Sales Cost of Goods Sold 15,600.00 9,400.00 40000I .13 50250.00 pu 1005.00 Cash 245.00 ov14 Cash 236,000.00 Sales 36,000 00 ost of Goods Sold 140000.00 40 000 00 Inventory 48 310.00 accounts payable 50 00 4236000 5.44400 discoun Cash Show Me How Calculator and purchase-related transactions using perpetual inventory system Chart of Accounts Journal vere selected from among the transactions completed by Babcock Company during November of the current year 3 Purchased merchandise on account from Moonlight Co., list price S85.000, trade discount 25% terms FOB destination, 2/10, n/30. 4 Sold merchandise for cash, $37,680. The cost of the goods sold was $22,600 Purchased merchandise on account from Papoose Creek Co., $47,500, terms FOB shipping point 2/10, n/30, with prepaid freight of $810 added to the invpice 5 Returned S 13.500 (S18.000 list price less trade discount of 25%) of merchandise purchased on November 3 from Moonlight Co 8 Sold merchandise on account to Quinn Co., $15.600 with terms n/15. The cost of the goods sold was $9.400 13 Paid Moonlight Co on account for purchase of November 3, less return of November 6 14 Sold merchandise on VISA $236 000 The cost of the goods sold was $140.000 15 Paid Papoose Creek Co on account for purchase of November 5 23 Received cash on account from sale of November 8 to Quinn Co 24 Soid merchandise on account to Rabel Co $56 900 terms 1/10 n/30 The cost of the goods sold was $34,000 28 Paid VISA service fee of $3.540 Show Me How Calculator elated and purchase-related transactions using perpetual inventory system Chart of Accounts Journal ions 5 Purchased merchandise on account from Papoose Creek Co, $47 500, terms FOB shipping point 210, n/30, with prepaid freight of $810 added to the invoice Returned S 13,500 ($18,000 ist price less trade discount of 25%) of merchandise purchased on November 3 from Moonlight Co Sold merchandise on account to ann ,$15,600 with terms n15. The cost of the goods sold was $9,400 6 8 13 Paid Moonlight Co. on account for purchase of November 3, less retun of November 6 14 Sold merchandise on VISA, $236,000. The cost of the goods sold was $140.000 15 Paid Papoose Creek Co. on account for purchase of November 5 23 Received cash on account from sale of November 8 to Quinn Co 24 Sold merchandise on account to Rabel Co, $56 900, terms 1/10 n/30 The cost of the goods sold was $34,000 28 Paid VISA service fee of $3,540 30 Paid Quinn Co a cash refund of $6,000 for returned merchandise from sale of November 8 The cost of the returned merchandise was S3.300 lize the transactions. Refer to the Chart of Accounts for exsct wording of account titles ork Calculator Show Me How of Accounts CHART OF ACCOUNTS Babcock Company General Ledger ASSETS REVENUE 110 Cash 121 Accounts Receivable-Quinn Co 122 Accounts Receivable-Rabel Co. 125 Notes Receivable 130 Inventory 131 Estimated Returns Inventory 140 Office Supplies 141 Store Supplies 142 Prepaid Insurance 180 Land 192 Store Equipment 193 Accumulated Depreciation-Store Equipment 194 Office Equipment 410 Sales 610 Interest Revenue EXPENSES 510 Cost of Goods Sold 521 Delivery Expense 522 Advertising Expense 524 Depreciation Expense-Store Equipment 525 Depreciation Expense-Office Equipment 526 Salaries Expense 531 Rent Expense 533 Insurance Expense 534 Store Supplies Expense k My Work Calculator Show Me How Book Chart of Accounts 534 Store Supplies Expense 194 Office Equipment 195 Accumulated Depreciation-Office Equipment535 Office Supplies Expense 536 Credit Card Expense 539 Miscellaneous Expense 710 Interest Expense LIABILITIES 211 Accounts Payable-Moonlight Co. 212 Accounts Payable-Papoose Creek Co 216 Salaries Payable 218 Sales Tax Payable 219 Customer Refunds Payable 221 Notes Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends 313 Income Summary heck Ply Wark dohnoker= assignments&takeAssignmentSessionLocatore assignment-take&rprogress-false Show Me How ated and purchase related transactions using perpetual inventory system Journal OURNAL ACCOUNTING EQUIATION CREDI Nov 03 to 63,7500 Inventory 3,750.00 $7,680.00 Sales 7680.00 Cost of Goods Sold 2,60000 2,600 00 Inventory Nov 5 Inventory 7.500 00 1000 40,320 00 ccounts payabl o6accounts payable a 23,500 00 13,300 00 eventory 15 60000 nd purchase related transactions using perpetual inventory system Chart of Journal 8 accounts receivable 15,600.00 Sales Cost of Goods Sold 15,600.00 9,400.00 40000I .13 50250.00 pu 1005.00 Cash 245.00 ov14 Cash 236,000.00 Sales 36,000 00 ost of Goods Sold 140000.00 40 000 00 Inventory 48 310.00 accounts payable 50 00 4236000 5.44400 discoun Cash