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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

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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; terns 3/10, 1/30, Foe shipping point. The appropriate party paid the shipping cost of $350. 5 Sold shampoo costing 51,470 to Barber & Co. for price of $2,100 with terms of 2/10, 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 55,000 of hair conditioner from Keratin Hair terns 2/10, 1/30, FOB shipping point. The appropriate party paid the shipping cost of 51,ose. 25 Sold hair gel to Styling Room for an invoice price of $2,500, teras 2/10, 1/30, FOB destination. The hair gel had 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 Roon 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

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