apter Six Homework eBook Show Me HOW Sales-Related and Purchase-Related Transactions Using Perpetual Inventory System The following were selected from among the transactions completed by Babcock Company during November of the current year: Nov. 3. Purchased merchandise on account from Moonlight Co., list price $78,000, trade discount 20%, terms Fos destination, 2/10, 1/30. 4. Sold merchandise for cash, 540,340.The cost of the goods sold was $21,900. 5. Purchased merchandise on account from Papoole Creek Co., $46,650, terms FOB shipping pont, 2/10, n/30, with prepaid freight of $780 added to the invoice 6. Retumed $13,600 ($17,000 list price less trade discount of 20%) of merchandise purchased on November 3 from Moonlight Co. B. Sold merchandise on account to Quinn Co, $46,110 with terms /15. The cost of the merchandise sold was $9,000. 13. Pald Moonlight Co, on account for purchase of November 3, less return of November 6. 14. Sold merchandise on VISA, $225,200. The cost of the goods sold was $140,040. 15. Paid Papoose Creek Co. on account for purchase of November 5. 23. Received cash on account from sale of November 8 to Quinn Co. 24. Sold merchandise on account to Rabel Co. 556,200, terms 1/10, 1/30. The cost of the goods sold was 133,150, 28. Paid VISA Service fee of $3,440. 30. Pad Quinn Co.. cash refund or 6,050 for returned merchandise from sale of November 8. The cost of the returned merchandise was $3,400. Required: Journalize the transactions Nov. Journalize the transactions. Nov. 3 Nov. 4-sale Nov. 4-cost Nov 5 1 1 0 0 0 0 1 1 1 1 1 Nov. 6 Nov. 8 ui Nov. 8 Chapter Six Homework eBook Show Me How Nov. 13 Nov. 14-sale Nov. 14-cost Nov. 15 Nov. 23 Nov. 24-sale Nov. 24-cost Chapter Six Homework eBook Nov. 15 Nov. 23 Nov. 24-sale Nov. 24-cost Nov. 28 Nov. 30-refund Nov. 30-cost