a. On October 1, the Business Students' Society (BSS) placed an order for 260 golf shirts at a un cost of $20, under torm 210, n. 30. b. The order was received on October 10, but some golf shirts differed from what had been ordered. Uncertain whether the shirts would be returned or kept, BSS decided to record any purchase discount only when taken using the gross method). cOn October 11.30 golf shirts were returned to the supplier d. On October 12, BSS complained the remaining golf shirts were slightly defective so the supplier granted a $200 allowance. e. BSS paid for the golf shirts on October 13. During the first week of October, BSS received student and faculty orders for 240 golf shirts, at a unit price of $76, on terms 210, n.30. g. The golf shirts were delivered to these customers on October 18. Unfortunately, customers were unhappy with the golf shirts, so BSS permitted them to be returned or given an allowance ise hand h. Uncertain whether customers would keep or return the shirts, BSS decided to record any sales discount only when taken (using the gross method). On October 19, one-half of the golf shirts were returned by customers to BSS JOn October 20, an allowance was given on account equal to $28.00 per shirt for the remaining 120 shirts k. The customers paid their remaining balances on the last day of the month, October 31 h. Uncertaining the gross one-half clod). of the golf shen on acco On October C6-1 Part 1 Required: 1. For each of the events (a) through Ul Indicate the amount and direction of the effect decreases to account balances with a minus sign.) for increase - for decreases, (Enter any Event Inventory Net Sales Cost of Goods Sold Gross Profit 1 Required information C6-1 Reporting Cash, Inventory Orders, Purchases, Sales, Returns, and (Gross Method) Discounts (Chapters 5 and 6) [LO 3-4, LO 6-3, LO 6-4, LO 6-6] (The following information applies to the questions displayed below) oped Book c a. On October 1, the Business Students' Society (BSS) placed an order for 260 golf shirts at a unit cost of $20, under terms 210, n/30 b. The order was received on October 10, but some golf shirts differed from what had been ordered. Uncertain whether the shirts would be returned or kept, BSS decided to record any purchase discount only when taken using the gross method) On October 11, 30 golf shirts were returned to the supplier On October 12. BSS complained the remaining golf shirts were slightly defective so the supplier granted a $200 allowance e BSS paid for the golf shirts on October 13 During the first week of October, BSS received student and faculty orders for 240 golf shirts, at a unit price of $76, on terms 2/0, n.30. The golf shirts were delivered to these customers on October 18. Unfortunately, customers were unhappy with the golf shirts, so BSS permitted them to be returned or given an allowance see hand 1). h Uncertain whether customers would keep or return the shirts, BSS decided to record any sales discount only when On October 19, one-half of the golf shirts were returned by Customers to BSS On October 20, an allowance was given on account equal to $28.00 per shirt for the remaining 120 shirts. k. The customers paid their remaining balances on the last day of the month October 31 rences on confusing the gross metho would keep or return the allowance isee hand, customers were unhappy with the C6-1 Part 2 2 Determine the percentage of answer to 1 decimal place.) cover operating expenses other than cost of goods sold. (Round your Gross Prott Percentage wy method) c On October 11, 30 golf shirts were returned to the suppler d. On October 12, BSS complained the remaining golf shirts were slightly defective to the supplier granted a $200 allowance e BSS pald for the golf shirts on October 13. During the first week of October, BSS received student and faculty orders for 240 golf shirts, at a unit price of $76, on terms 20. n.30. 9. The golf shirts were delivered to these customers on October 18. Unfortunately, customers were unhappy with the golf shirts, SO BSS permitted them to be returned or given an allowance (see hand n. Uncertain whether customers would keep or return the shirts, BSS decided to record any sales discount only when taken (using the gross method). On October 19, one-half of the golf shirts were returned by customers to BSS 1. On October 20, an allowance was given on account equal to $28.00 per shirt for the remaining 120 shirts k. The customers paid their remaining balances on the last day of the month October 31 C6-1 Part 3 3-a. As of October 31, the check dated October 13 had not cleared the bank. How should BSS report this on its October 31 bank reconciliation? 3-b. Give the journal entry, if any needed as a result of including the item discussed in requirement 3- in the bank Complete this question by entering your answers in the tabs below. Required I Required 30 As of October 31. the check dated October 13 had not deared the bank. How should B55 report this on its October 31 bank reconciliation? BSS should this check from the bank balance on its October 3 bank recondition Required 38 > ada Cedus ada Cedus