ABC Company engaged in the following transaction in October $2017$

Oct

$7$ Sold Merchandise on credit to L Barrett $$6000$

$8$ Purchased merchandise on credit from Bennett Company $$12,000.$

$9$ Paid Curry Company for shipping charges on merchandise purchased on October $8$ $$508.$

$10$ Purchase merchandise on credit from Swell Company $$19,200$

$13$ Purchase office supplies on credit from Door Company $$4,800.$

$14$ Sold merchandises on credit to Peter Watts $$4,800.$

$14$ Returned damage merchandise receive Bennett Company on October $8$ $$1,200.$

$17$ Received cheque from L Barrett for her purchase on October $7$

$18$ Returned a portion of the office supplies received on October $13$ for credit

because the wrong item was sent $$800.$

$19$ Sold merchandise for cash $$3,600.$

$20$ paid Swell for purchase of October $10.$

$21$ Paid Bennett Company the balance from the transactions of October $8$

$23$ Bought Machinery on Credit for $$30,000$ from Machines Ltd$.$

$25$ $$400$ of the goods sold to Peter Watts will be uncollectable.

You are required to prepare entries in the General Journal, Purchase and Sales Journal to record the transactions above. Post to the Sales Ledger. Purchase Ledger and the General LedgerABC Company engaged in the following transaction in October $2017$

Oct

$7$ Sold Merchandise on credit to L Barrett $$6000$

$8$ Purchased merchandise on credit from Bennett Company $$12,000.$

$9$ Paid Curry Company for shipping charges on merchandise purchased on October $8$ $$508.$

$10$ Purchase merchandise on credit from Swell Company $$19,200$

$13$ Purchase office supplies on credit from Door Company $$4,800.$

$14$ Sold merchandises on credit to Peter Watts $$4,800.$

$14$ Returned damage merchandise receive Bennett Company on October $8$ $$1,200.$

$17$ Received cheque from L Barrett for her purchase on October $7$

$18$ Returned a portion of the office supplies received on October $13$ for credit

because the wrong item was sent $$800.$

$19$ Sold merchandise for cash $$3,600.$

$20$ paid Swell for purchase of October $10.$

$21$ Paid Bennett Company the balance from the transactions of October $8$

$23$ Bought Machinery on Credit for $$30,000$ from Machines Ltd$.$

$25$ $$400$ of the goods sold to Peter Watts will be uncollectable.

You are required to prepare entries in the General Journal, Purchase and Sales Journal to record the transactions above. Post to the Sales Ledger. Purchase Ledger and the General Ledger