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3. Prepare journal entries for the following transactions made by Winterfell Training Supplies: Nov 1 Nov 1 Nov 5 Noy 10 Noy 15 Nov 25
3. Prepare journal entries for the following transactions made by Winterfell Training Supplies: Nov 1 Nov 1 Nov 5 Noy 10 Noy 15 Nov 25 Purchased $10,000 inventory on account from Lannister, Inc., FOB shipping point, terms 1/10, 1/30 Paid freight costs of $150 in cash on Lannister purchase Returned $800 of damaged inventory purchased on Nov 1 to Lannister, Inc Paid amount due to Lannister, Inc. excluding the freight charges already paid Purchased $5,000 inventory from The Greyjoys, terms 1/30 Paid amount due to The Greyjoys
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