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.

Oct. $1$ Purchased $$4,400$ of hair spray from Orbit Pro; terms $\frac{3}{10},\frac{n}{30},$ FOB shipping point. The appropriate party paid the shipping cost of $$350.$

$5$ Sold shampoo costing $$1,470$ to Barber & Co$.$ for a price of $$2,100$ with terms of $\frac{2}{10},\frac{n}{30},$ FOB shipping point. The appropriate party paid the shipping cost of $$155.$

$7$ Returned $$2,000$ of inventory to Orbit Pro due to an error in the October $1$ order.

$10$ Paid Orbit Pro for the purchase on October $1.$

$14$ Barber & Co$.$ returned $$400$ of inventory from the sale on October $5.$ The inventory had a cost of $$280.$

$22$ Received the payment from Barber & Co$.$ on the October $5$ sale.

$23$ Purchased $$5,000$ of hair conditioner from Keratin Hair; terms $\frac{2}{10},\frac{n}{30},$ FOB shipping point. The appropriate party paid the shipping cost of $$1,050$ :

$25$ Sold hair gel to Styling Room for an invoice price of $$2,500,$ terms $\frac{2}{10},\frac{n}{30},$ FOB destination. The hair gel had a cost of $$1,750.$ The appropriate party paid the shipping cost of $$525.$

$26$ 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.$)$