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  1. business
  2. accounting
  3. \table[[oct 1,\table[[sold $5,500 inventory on acc

\table[[Oct 1,\table[[Sold $5,500 inventory on account to Central Waters Corp, terms 210,n30;],[cost of goods sold...

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Accounting

\table[[Oct 1,\table[[Sold $5,500 inventory on account to Central Waters Corp, terms 210,n30;],[cost of goods sold was $2,700.]]],[Oct 5,\table[[Central Waters Corp returned $1,750 of merchandise, cost of goods sold was],[$850.]]],[Oct 10,Received payment from Central Waters Corp.],[Oct 15,\table[[Sold $10,000 inventory on account to Ale Asylum, terms 110,n30; cost of],[goods sold was $4,800.]]],[Oct 17,Ale Asylum returned $1,500 of merchandise, cost of goods sold was $625.],[Oct 25,Received payment from Ale Asylum..]]
Prepare journal entries for the following transacyions made by Winterfell Training Supplies:
\table[[Nov 1,\table[[Purchased $11,000 inventory on account from Lannister, Inc., FOB shipping],[point, terms 110,n30
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