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Bushard Company (buyer) and Schmidt, Inc. (seller) engaged in the following transactions during February 201 : Busherd Compeny DATE TRAKSACTIONS 29x1 Feb.19 Purchased nerchandise for

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Bushard Company (buyer) and Schmidt, Inc. (seller) engaged in the following transactions during February 201 : Busherd Compeny DATE TRAKSACTIONS 29x1 Feb.19 Purchased nerchandise for 51,500 frue Schaldt, Inc.z. Involce 195e, terns 2/10, A/3e. 13. Heceived Credit Henorardum 230 from schmidt, Inc., for damaged nerchandise totaling 5100 that was returned; the Eoods were purchased on Imvalce 19b0, dated February 10 . 19 Paid anount due to Sthaldt, Inc., for Involce. 19t8 of February 10 , Iess the return of February 13 and less the cash discount, Check 2019 . Schmidt, Inc. DATE TMANSMTIONS 20x1 Keb.10 Sold merchendise for $1,500 on account to Bushard Congany, Imvolce 19ge, teras 2/10, n/30. 13 Istued Credte Memorandup 230 to Esshard Company for shmaged perchandise totaling stoo that was returned; the goods urre purchased on Invotef 1980 , dated February 10 , 19 Recelved payment from Eushard Company for inwofce 1000 of february 10 , 1 ess the return of fetruary 13 and iess the cash discount, Check 2019 . Required: Joumalize the transactions obove in a general journol for both Bushard Compony and Schmiot, Inc Complete this question by entering your answers in the tabs below. Journalize the transactions abovn in a general fournal for Scbmidt inc, arsuming that they use the periodic system, Journal entry worksheet Joumalize the transactions above in a general journal for Schmidt Inc. assuming that they use the periodic system. DATE TRANSACTIONS 201 Feb.10 Sold merchandise for $1,500 on account to Bushard Company, Invoice 1980, terms 2/10, n/30. 13 Issued Credit Memorandum 230 to Bushard Company for danaged merchandise totaling s100 that was returned; the purchased on Invoice 1980, dated february 10. 19 Received payment from Bushand Company for Invoice 1980 of February 10, less the return of February 13 and less 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. Joumalize the transactions above in a general fournal for Bushard Company assuming that they use the periodic system

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