3 Purchased merchandise inventory on account from Shue Wholesalers, $ 5200. Terms 3/15, n/EOM, FOB shipping point.

4 Paid freight bill of $ 75 on September 3 purchase.

4 Purchase merchandise inventory for cash of $ 1 comma 700.

6 Returned $ 700 of inventory from September 3 purchase.

8 Sold merchandise inventory to Hayes Company, $ 6300, on account. Terms 3/15, n/35. Cost of goods, $ 2772.

9 Purchased merchandise inventory on account from Tamara Wholesalers, $ 6500. Terms 3/10, n/30, FOB destination.

10 Made payment to Shue Wholesalers for goods purchased on September 3, less return and discount.

12 Received payment from Hayes Company, less discount.

13 After negotiations, received a $ 300 allowance from Tamara Wholesalers.

15 Sold merchandise inventory to Jex Company, $ 2600, on account. Terms n/EOM. Cost of goods, $ 1092. 22 Made payment, less allowance, to Tamara Wholesalers for goods purchased on September 9.

23 Jex Company returned $ 800 of the merchandise sold on September 15. Cost of goods, $ 336. 25 Sold merchandise inventory to Sciavone for $ 2 comma 000 on account that cost $ 840. Terms of 1/10, n/30 was offered, FOB shipping point. As a courtesy to Sciavone, $ 65 of freight was added to the invoice for which cash was paid by Water Works.

29 Received payment from Sciavone, less discount.

30 Received payment from Jex Company, less return.

Journalize the following transactions that occurred in

SeptemberSeptember

20182018

for

Water WorksWater Works,

assuming the perpetual inventory system is being used. No explanations are needed. Identify each accounts payable and accounts receivable with the vendor or customer name.

Water WorksWater Works

estimates sales returns at the end of each month. (Record debits first, then credits. Exclude explanations from journal entries. Assume the company records sales at the net amount.)