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Record the transactions assuming Pina Colada uses a periodic inventory system.

D Question S Homework Help - QUA from ( x + O File | C:/Users/AramP/Desktop/Aghavni/Question*6205620Lab96205.html Date Explanation Kel. Credit June 1 Purcham Dracounts Date Explainstion Rel. Credit June 14 June 20 Purchuren Returns and Allowances Date Explanation Ref. Credit Balance June 12 Freight In Date Explanation Ref. Debit June 10 Fright Out Date Explanation Ref. Balance June 5 Your answer is partially correct. Try again, Prepare a partial multiple-step income statement, up to gross profit, for the month of June 2017. (Enter negative amounts PINA COLADA DISTRIBUTING COMPANY Income Statement (Partial] For the Month Ended June 30, 2017 Sales Returns and AllowarQuestion 5 Homework Help - QUA from ( X O G File C:/Users/AramP/Desktop/Aghavni/Question*6205%20Lab%%205.html cord the transactions assuming Pina Colada uses a periodic inventory system. (Credit account titles are automatically fods do Entry" for the account titles and enter 0 for the amounts. Round answers to O decimal places, co. 5,275. Recon Date Account Titles and Explanation Debit Credit June 1 Merchandise Inventory 8910 O Accounts Payable June 2 Merchandise Inventory 220 Cash 320 Accounts Receivable 12200 12200 Sales Returns and Allowances Accounts Receivable (To record credit granted for returned goods] June 6 Freight Out Cash (To record freight paid) Accounts Payable O Car une 10 nite Inventory H540 Accounts Payable O (To record purchase of merchandise Inventory) Merchandise Inventory O ICash O (To record freight paid) une 12 Accounts Payable O Marchand co Inventory E acerQuestion S Homework Help . CSA from ( G File C:/Users/AramP/Desktop/Aghavni/Question%205620Lab620 (To record freight paid) June 13 Accounts Payable O Merchandise Inventory June 14 Accounts Payable 0 9820.9 Merchandise Inventory 89.1 June 15 |Cash 1115214 O Sales Discounts 227.6 Accounts Receivable 11380 June 19 7100 F100 June 20 Accounts Payable 4250 4165 Herchandise Inventory June 25 Sales Returns and Allowances 520 O 520 June 30 Accounts Receivable 14200 O O 4200 * Your answer is Incorrect. Try again. Set up general ledger accounts for merchandise inventory and all of the temporary accounts used in the merchandi Herchandre Inventory Date Explanation Ref. Debit Credit Balance June 1 Balance 5000 7700 O0 @) File C/Users/AramP/Desktop/Aghaw/OursonM20570Lab1203.html Print by Aghaval Poludyan ACCIZONIL.01018 2704: Accounting Basics 1/ ACCIONIl Summer 2030 Lobes Question 5 At the beginning of June 2017, Pina Colada Dluributing Company's ledger showed Cash $10,630, Merchandise Inventory 16,008, al D. Pha celebs, Capital, PUSH, Carry the north of Jara, The ummpaty bel the ballining Melected transactions June 1: Purchased 18,910 of merchandise loveribery from Sun Supply Co. terma 1/15, 1/30, FCS Initiation. 2 The correct company paid $220 cash for freight charges on the June 1 purchase. 5: Sold merchandise Inventory to Homme Jos Ritalen for $12 700 The out of the andwhite an: 1700 and the los on D/18, W/30, PCdominantlot. 6 Broued a $830 credit for merchandise returned by House Jew Retailers. The marching originally cost $510 and was returned to hamstory. 6. The correct company paid $ 309 freight on the Word S side. 7 Purchased 18-40 of supplies for gash. 10 Purchased $4,950 of merchandise lovestory from fay wholecher, terms 2/10, w/70, on whipping point. 10 The correct company paid $150 freight cunts on the purchase from In wholething. 12 Received a 1300 credit from fey Wholesalers for returned marchindie 14 Pold Son Supply Co. the amount dun 15 Collected the balance owing from Moors Irm Rytalon. 19 Sold merchandise for $7, 100 cash. The cou of this merchandise was 14,903. 30 Paid Foy Wholewhere the balance oning from the June 10 purchase. 25. Made a $520 catch refund to a cash customer for merchandise returned. The returned merchandise Fed s cost of $319. The merchandise man damaged and could not the resold. 30 Sold merchandise to Bauer & Company For $1 300, terms was, FOR whipping port. Pina Colada's out for the merchanthe was 12.490. A physical Inventory count shows $3,900 of Inventory on hand on June 20, 2017. If your answer la partially correct. Try again. "No Fabry for the account titles and my o for the moment how amin baghdad phon ip b / Ad Homin how innidhi Find Date Account Titles and Explanation HUinhandon Inventory O acerJune & Your arrower is partially correct. Try again. Prepare a partial multiple-step incorne statement, up to gross profit, for the month of June 2017. (Enter negative amounts using PINA COLADA DISTRIBUTING COMPANY Income Statement (Partial] For the Month Ended June 30, 2015 Soled Return and Allowar sales Return and Allowance 10 O acerD Quration 5 . Homework Help . QUA from ( X + File C:/Users/AramP/Desktop/Aghavni/Question6205%20Lab96205.html Not Sale Cout of Goods Sol6 00 000 a O acerHomework Help . OKA from ( X + () File C/Users/AramP/Desktop/Aghavni/Question6205620Lab%% Your answer is incorrect. Try again. Set up general ledger accounts for merchandise inventory and all of the temporary accounts used in the merch Herchandra Inventory Date Explanation Rel. Credit June 1 Balance 6000 7700 Date Explanation Ref. Credit June 5 Sales Return and Allow inc Date Explanation Ref. Debit Credit June 6 Date Explanation Ref. Credit June 15 Dute Explanation Ref. June 1 Duke Explanation Rel. Debit Credit Balance a