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mRatars

Following are the mercharkilising transactioris of Doiler Store.

Nowember $1$ Dallar Store purchases merchandise for $$1,69$ on terms of $2/5,$ $$139,$ F$0$B shapping point, imvoice dated Mowemer $1.$

Nowember $5$ Dollar Store pays cash for the Mowember $1$ purchase.

Nowember $7$ Dollar Store discowers and returns $$159$ of defective merchandise purchased on Hovember $1,$ and paid for on Nowember $5,$ for a cash refund.

Nowember $1$ Dollar Store pays $$8$ cash for transportation costs for the Nowember $1$ purchase.

Nowember $13$ Dollar Store sells merchandise for $$1,728$ with terms $\frac{n}{39}.$ The cost of the merchandise is $$864.$

Nowember $16$ Merchandise is returned to the Dollar Store from the Nowember $13$ transaction. The returned items are priced at $$238$ and cost $$115$; the items were not damaged and were returned to inventory.

Joumalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method.

$3$

$6$

$7$

$(6)$

Dollar Store discovers and returns $$15$ i of defective merchandise purchased on November $1,$ and paid for on November $5,$ for a cash refund.

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$Ceneral Journal,Debit,Credit$],[$November $07,$Accounts payable,,$],[,$Merchandise inventory,,$],[,,,],[,,,],[,,,]]$