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1d Funk is a hair stylist who opened a business selling hair products. He imports products from around the world and sells to salons Canada.
1d Funk is a hair stylist who opened a business selling hair products. He imports products from around the world and sells to salons Canada. ct. 1 Purchased $3,600 of hair spray from Orbit Pro; terms 3/10,n/30, FOB shipping point. The appropriate party paid the shipping cost of $310. 5 Sold shampoo costing $1,190 to Barber \& Co. for a price of $1,700 with terms of 2/10,n/30, FOB shipping point. The appropriate party paid the shipping cost of $135. 7.- Returned $1,600 of inventory to Orbit Pro due to an error in the October 1 order. 14 Paid Orbit Pro for the purchase on October 1. 22 Received the payment from Barber \& iny from the sale on october 5 . The inventory had a cost of $224. 23 Purchased $4,200 of hair conditioner for on the October 5 sale. shipping cost of $850. from Keratin Hair; terms 2/10,n/30, FOB shipping point. The appropriate party paid the $1,470. The appropriate party paid the ship price of $2,100, terms 2/10,n/30, FOB destination. The hair gel had a cost of 26 Paid for the purchase on October 23. 31 Received the payment from Styling Room on $425. quired: cord the journal entries for the month of October. (If no entry is required for a transaction/event, select "No journal entry quired" in the first account field. Journal entry descriptions are provided already in the journal entry worksheet.)
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