1 2 Assingnment #6 3 1) 1-Aug Purchased Inventory from John's company for $24,000, terms: 1/15, n/30 FOB 4 7 2) 2-Aug Business sold merchandise inventory to MicroUniverse Co. for $4,800, terms: 2/10, n/60 FOB 8 The merchandise had cost $3,000 9 15 3) 3-Aug Paid $200 for freight charges on the purchase of Aug1, 2020 16 17 18 4) 8-Aug Sold merchandise costing $7,200 for $32,000 cash 19 25 5) 9-Aug Purchased inventory from Khan Co. For $9,200, terms: 2/15, n/60 26 28 6) 12-Aug Received a $1,200 credit memo acknowledging the return of merchandise purchased on Aug9. 317) 12-Aug Received balance due from MicroUniverse Co. for the credit sales dated Aug2. 32 36 37 8) 13-Aug Purchased office supplies from West Inc. on account, $1,000, 1/30 38 39 40 9) 16-Aug Paid the balance due to John's company. 41 44 45 10) 19-Aug Sold merchandise that cost $3,600 to UltraCity Co. for $5,000 under the credit terms of 2/15, n/60, FOB 46 51 52 11) 21-Aug Issued a $600 credit memo to UltraCity Co. for an allowance on goods sold on Aug19, 2020 53 56 12) 22-Aug Received a debit memo from UltraCity Co. for an error that overstated the total invoice by $200 57 58 13) 24-Aug Paid Khan Co. the balance due 59 62 63 14) 30-Aug Received the balance due from UltraCity for the credit sales dated on Aug19. 64 67 31-Aug Sold Inventory costing $3,200 to MicroUniverse Co. for $9,000 under the crdit terms of 2/10, 1/60, FOB 69 68 15) Lee 13-14 Received $1.200 credit mame knowledging the return of merchandise purchased on Augs. 12-A Received hence due from MicroUniverse ca. for the credit sales dated Aug. 5 U v 2 MA LA Perchased office supplies from Westino $1,000,0 M is the memo don't matter Credit meme or Debitmeme) regarding the serve purchase 16 Aug puid the balance due to the company 10 1-old merchandise that cost $3.000 ta UltraCity Co. for $5.000 under the credit term of 2/15. / FOG Sales Serum Pwcase Purchase 11 11-5600 cred mene to City Ce for all wence ongedeeld on Aug 1, 2020 122 Aug Mechel del mens tum recipiente en het verstand the role ole 15200 en Co, the balance due an - Heceived the balance due to cry for the ende sales deed on Auao Sed venteryering 2.0 Mere Ce for $1.000 under the rain term of 3/10.6/0. FOR Required: Prepare necessary journal entries for above activities occurred during the August Prepare T-Accounts for all the accounts. Prepare trial balance, balance sheet and income statement