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book Sales and purchase-rated transactions in perpetual inventory system The following were lected from among the tractions come Company during of the years the app
book Sales and purchase-rated transactions in perpetual inventory system The following were lected from among the tractions come Company during of the years the app inventory system July 2. Purchased merchandise on tunt from Haming cost $87,000, 200, 200, 1/30, prepaid ret of $940 added to the 5. Purchased merchandise on account from Kero, 542.900 Ft, 2/10, 1/30 6. Sold merchandise on account to Parsley Co. 516,230 vis. The cost of the goods sowas.370 7. Returned merchandise with an invoice amount of $16,000 purchased only from Kesterol 13. Paid Haming Co. on count for purchase of Buy 3. 15. Paid Kester Coon account for purchase of Sy 5, less retum of Suly 7. 21. Received cash on account from sale of July 6 to Parsley 21. Sold merchandise on MasterCard, 5281,100. The cost of the goods sold was 145.790 22 Sold merchindise on account to Tabor Co. $59.000,terms 2/10, 30. The cost of De goods sold $34,99 23. Sold merchandise forcah539.730. The cost of the goods sold w $24.470 28. Pald Parsley Co. cash round of $5.210 for returned merchandise from the cost of the time nechando 1.380 31. Pald MasterCard Service fee of $3,450 Required: Journal the transactions. In amount om tror an entry for X wy) Inventory Accounts Payable-Haming Co. MS Inventory Accounts Payable Kolar Co y Accounts Receivable Parsley.co P Od My Work Baser Sorg RA . 1 9 8
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