Can someone help me fill in these journal entries please?? 1-17
Chad Funk is a hair stylist who opened a business selling hair products. He Imports products from around the world and sells to salons In Canada, Oot. 1 Purchased 84,800 of hair wpray from Orbit Pro; terma 3/10, 1/30, rom shipping point. The appropriate party paid the shipping cost of $370. 5 Sold shampoo coating $1,610 to Barber & Co. for a price of $2,300 with term of 2/10, n/30, TOB shipping point. The appropriate party paid the shipping cout of $165. 7 Returned $2,200 of inventory to Orbit Pro due to an error in the October 1 order. 10 Paid Orbit Pro for the purchase on October 1. 14 tarber & Co. returned $440 of inventory from the sale on October 5. The inventory had a coat of $308. 22 Received the payment from Barber & Co. on the October 5 wale. 23 Purchased $5,400 of hair conditioner from Keratin Hair terma 2/10, 1/30, Ton whipping point. The appropriate party paid the shipping cost of $1,150. 25 sold hair gel to Styling Room for an invoice price of $2,700, terms 2/10, 1/30, POB destination. The hair yol had a contot $1,890. The appropriate party paid the shipping cost of $575. 26 Paid for the purchase on October 23. 31 Received the payment from Styling Room on the October 25 sale. Required: Record the journal entries for the month of October. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry descriptions are provided already in the journal entry worksheet.) View transaction list Journal entry worksheet Required: Record the journal entries for the month of October. (lf no entry is required for required" in the first account fleld. Journal entry descriptions are provided a View transaction list X: 1 17 Record purchase of merchandise on credit; terms 3/10, n/30, FOB shipping point. 2 Record payment for shipping cost. pping 3 Record sale of merchandise for $2,300; terms 2/10, n/30 shipping point. 4 Record the cost of inventory sold on October 5. Credit 5 Record the shipping costs. 6 Record return of merchandise. 7 Record the accounts payable paid for Orbit Pro. Note : = journal entry has been entered Record entry Clear entry View general Required: Record the journal entries for the month of October. (If no entry is required required" In the first account fleld. Journal entry descriptions are provide View transaction list EX B. 8 Record sales return of merchandise only. 9 Record the cost of returned merchandise. ppi 10 Record the collection of accounts receivable beyond the discount period. 11 Record purchase of merchandise on credit; terms 2/10, n/30, FOB shipping point. 12 Record payment of shipping cost. 13 Record the sale of merchandise for $2,700; terms 2/10, n/30 FOB destination. Note: = journal entry has been entered ord entry Clear entry View Required: Record the journal entries for the month of October. (if no entry is requires required" In the first account fleld. Journal entry descriptions are provide View transaction list X: 12 Record payment of shipping cost. ppi 13 Record the sale of merchandise for $2,700; terms 2/10, n/30 FOB destination. 14 Record the cost of inventory sold on October 25. 15 Record payment of shipping cost. 16 Record the payment of accounts payable within the discount period. 17 Record the collection of accounts receivable within the discount period. Note: journal entry has been entered Record entry Clear entry View Journal entry worksheet 1 2 3 5 6 7 8 17 Record purchase of merchandise on credit; terms 3/10, n/30, FOB shipping point. Note: Enter debits before credits. Date General Journal Debit Credit Oct 01 Record entry Clear entry View general journal
