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24 points View transaction list Journal entry worksheet 8014629 1 2 3 4 5 6 7 8 Dollar Store purchases merchandise for $1,700 on terms

24 points View transaction list Journal entry worksheet 8014629 1 2 3 4 5 6 7 8 Dollar Store purchases merchandise for $1,700 on terms of 2/5, n/30, FOB shipping point, invoice dated November 1. Note: Enter debits before credits Date Nov 01 General Journal Debit Credi Clear entry View general journal Record entry 16 24 points 01:46:23 Following are the merchandising transactions for Dollar Store. Nov. 1 Dollar Store purchases merchandise for $1,700 on terms of 2/5, n/30, ros shipping point, invoice dated November 1. 5 Dollar Store pays cash for the November 1 purchase. 7 Dollar Store discovers and returns $100 of defective merchandise purchased on November 1, and paid for on November 5, for a cash refund. 10 Dollar Store pays $65 cash for transportation costs for the November 1 purchase. 13 Dollar Store sells merchandise for $1,036 with terms n/30. The cost of the merchandise is $918. 16 Merchandise is returned to the Dollar Store from the November 13 transaction. The returned itens are priced at $240 and cost $120, the items were not damaged and vere returned to investory. Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method. View transaction list Journal entry worksheet < 1 2 3 4 5 6 7 8 Dollar Store purchases merchandise for $1,700 on terms of 2/5, n/30, FOB shipping point, invoice dated November 1.1 ute: Enter debts before cre Date General Journal Debit Credit

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