Bushing Company (buyer) and Schmidt, Inc. (Seller) engaged in the following transactions during February 2019:

Bushard Company (buyer) and Schmidt, Inc. (seller) engaged in the following transactions during February 2019: Bushard Company DATE TRANSACTIONS 2019 Feb. 10 Purchased merchandise for $6,100 from Schmidt, Inc., Invoice 1980, terms 2/10, n/30. 13 Received Credit Memorandum 230 from Schmidt, Inc., for damaged merchandise totaling $310 that was returned; the goods were purchased on Invoice 1980, dated February 10. 19 Paid amount due to Schmidt, Inc., for Invoice 1980 of February 10, less the return of February 13 and less the cash discount, Check 2010. DATE Schmidt, Inc. TRANSACTIONS 2019 Feb. 10 Sold merchandise for $6,100 on account to Bushard Company, Invoice 1980, terms 2/10, n/30. The cost of merchandise sold was $3,550. 13 Issued Credit Memorandum 230 to Bushard Company for damaged merchandise totaling $310 that was returned; the goods were purchased on Invoice 1980, dated February 10. The cost of the returned goods was $230. 19 Received payment from Bushard Company for Invoice 1980 of February 10, less the return of February 13 and less the cash discount, Check 2010 Both companies use the perpetual inventory system. Journalize the transactions above in a general journal for both Bu and Schmidt, Inc. (Round final answers to the nearest whole dollar value.) = University of Phoen... Apply: Exercise 6 Saved Bushard Company Schmidt Inc Journalize the transactions above in a general journal for Bushard Company. View transaction list Journal entry worksheet 1 2 3 Purchased merchandise for $6,100 from Schmidt, Inc., Invoice 1980, terms 2/10, n/30. Note: Enter debits before credits General Journal Debit Credit Date Feb 10, 2019 Record entry Clear entry View general journal University of Phoen... oply: Exercise Saved Bushard Company Schmidt Inc Journalize the transactions above in a general journal for Bushard Company. View transaction list Journal entry worksheet Journal entry worksheet