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blem #3 (15 points) October 1, Benji's Bicycle Store had an inventory of 20 ten speed bicycies at a cost of $200 ch. During the

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blem #3 (15 points) October 1, Benji's Bicycle Store had an inventory of 20 ten speed bicycies at a cost of $200 ch. During the month of October, the following transactions occurred t 4 Purchased 30 bicycles at a cost of $200 each from Monroe Bicyole Company, terms 1/10, n/30 6 Sold 18 bicycles to Team Wisconsin for $330 each, terms 2/10, n/30 7 Received credit from Monroe Bicycle Company for the return of 2 defective bicycles 13 Issued a credit memo to Team Wisconsin for the return of a defective bicycle 14 Paid Monroe Bicycle Company in full, less discount Instructions Prepare the journal entries to record the transactions assuming the company uses a perpetual nventory system October 7 journal entry October 14journal entry

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