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Bushard Company (buyer) and Schmidt, Inc. (seller) engaged in the following transactions during February 20xt: Bushard Company DATE TRANSACTIONS 201 Feb.10 Purchased merchandise for 82,900

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Bushard Company (buyer) and Schmidt, Inc. (seller) engaged in the following transactions during February 20xt: Bushard Company DATE TRANSACTIONS 201 Feb.10 Purchased merchandise for 82,900 froe Schaidt, Inc., Invoice 1980 , terns 2/10,n/30. 13 Received Credit Memorandum 230 froe Schmidt, inc., for damaged merchandise totaling $180 that was returned; the grods were purchased on Invoice 1980 , dated February 10. 19 Paid asount due to Schmidt, Inc.. for Involice 1980 of February 10, less the return of february 13 and less the cash discount, Check 2010. Schmidt, Inc. DATE 20xI Fob.10 Sold merchandise for $2,900 on account to Eushard Coepany, Invoice 1980, teres 2/10, n/30. 13. Issued Credit Mesorandun 230 to Aushard Conpany for danaged merchandise totaling 5100 that was returned; the goods were purchased on Invoice 1980 , dated February 10. 19 Received paynent from Bushard Coepany for Invoice 1980 of February 10, less the return of February 13 and less the cash discount, Check 2010. Required: Journalize the transactions above in a general journal for both Bushard Company and Schmidt, Inc. Complete this question by entering your answers in the tabs below

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