Accounts payable

Accounts receivable

Accumulated depreciation

Building

Cash

Cost of goods sold

Delivery expense

Depreciation expense

Interest expense

Interest income

Interest payable

Interest receivable

Land

Merchandise inventory

Miscellaneous expenses

Other expenses

Purchases

Purchases discounts

Purchases returns and allowances

Sales

Sales discounts

Sales returns and allowances

Transportation-in

Following are the merchandising transactions of Dollar Store. November 1 Dollar store purchases merchandise for $1,500 on terms of 2/5, n/30, FOB shipping point, invoice dated November 1 . November 5 Dollar Store pays cash for the November 1 purchase. November 7 Dollar Store discovers and returns $250 of defective merchandise purchased on November 1 , and paid for on November 5, for a cash refund. November 10 Dollar Store pays $75 cash for transportation costs for the November 1 purchase. November 13 Dollar Store sells merchandise for $1,620 with terms n/30. The cost of the merchandise is $810. November 16 Merchandise is returned to the Dollar Store from the November 13 transaction. The returned items are priced at $210 and cost $105; the items were not damaged and were returned to inventory. Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method. Journal entry worksheet Dollar Store purchases merchandise for $1,500 on terms of 2/5,n/30, FOB shipping point, invoice dated November 1. Note: Enter debits before credits