Como Distributors, which uses the perpetual inventory system and makes all credit salos en terme 1/10, 1/30, completed the following transactions during October (Click the icon to see transactions.) (Click the icon to view the chart of accounts.) Required Requirements 1 and 3. Enter the transactions in a ses journal, a cash receipts journal, a purchases journal a cash payments journal, and a general journal as appropriate. Total each column of the special Journals show that the total debits equal the total credits in each special Journal Record the transactions that should be entered in the Sales Journal Use to indicate posting references that are posted to the subsidiary ledger Complete the totals and the posting references for the totals. Some of the posting references may include more than one account Account Numbers (Abbreviations used No. - Number; Post. Ref. - Posting Reference: All Allowances.) Sales oumal Accounts Cost of Goods Receivable De Sold De Invoice Customer Post: Sales Inventory Rel. Account Debited Date Revenue CE Cr No. SA Cu RUCTIVOLI Invoice Customer Sales Post. Ref. BURU I Inventory Cr Date No. Account Debited Revenue Cr Oct 31 Total 3 5 00h 8 Oct. 2 Issued invoice no. 913 for sale on account to Ishida Inc., 524,600. Como's cost of this inventory was $10,800 Credit sales terms are 1/10,n/30 Purchased inventory on credit terms of 3/10, n/60 from Newport Corp., $20,000. The invoice was dated October 3 Sold inventory for cash, $8,200 (cost, $3,150) 5 Issued cheque no. 532 to purchase furniture for cash $13,110 Collected interest revenue of $7.700. 9 Issued invoice no. 914 for sale on account to Browne Ltd. $51,000 (cost, $18,000). Credit sales terms are 1/10. n/30 10 Purchased Inventory for cash, 58,200, issuing cheque no. 533 12 Received cash from Ishida Inc in full settlement of its account receivable from the sale on October 2. 13 Issued cheque no. 534 to pay Newport Corp. the net amount owed from October 3 (Round to the nearest dollar.) 13 Purchased supplies on account from Mann Inc. $8 646. Terms were net end of month. The invoice was dated October 13. 15 Sold inventorvon Account to MO Bedch issuin invoice no 9.15 for $5700 enst 51 70 Credit Sales 20 Purchased inventory on credit terms of net 30 from Berkley Distributing Ltd, $14,000. The invoice was dated October 20. 22 Purchased furniture on credit terms of 3/10, n/60 from Newport Corp., $3.870. The invoice was dated October 22. 22 Issued cheque no. 535 to pay for insurance coverage, debiting Prepaid Insurance for $6.000. 24 Sold supplies to an employee for cash of $324 which was the cost of the supplies. 25 Issued cheque no. 536 to pay utilities, $6,718. 28 Purchased inventory on credit terms of 2/10,n/30 from Mann Inc., 59 800. The invoice date was October 28. 29 Returned damaged inventory to Mann Inc. issuing a debit memo for $4,200. 29 Sold goods on account to Browne Ltd. issuing invoice no 917 for $3.500 (cost, $1.390). Credit sales terms are 1/10, n/30. 30 Issued cheque no. 537 to pay Mann Inc $2.646. 31 Received cash in full on account from Ishida Inc. 31 Issued cheque no. 538 to pay monthly salaries of $26,000. - x Chart of accounts Cash Accounts Receivable Supplies 111 112 116 411 412 413 Prepaid Insurance Inventory Furniture Accounts Payable Sales Revenue Sales Discounts Sales Returns and Allowances Interest Revenue Cost of Goods Sold Salaries Expense Utilities Expense 117 118 151 211 419 511 531 541 Como Distributors, which uses the perpetual inventory system and makes all credit salos en terme 1/10, 1/30, completed the following transactions during October (Click the icon to see transactions.) (Click the icon to view the chart of accounts.) Required Requirements 1 and 3. Enter the transactions in a ses journal, a cash receipts journal, a purchases journal a cash payments journal, and a general journal as appropriate. Total each column of the special Journals show that the total debits equal the total credits in each special Journal Record the transactions that should be entered in the Sales Journal Use to indicate posting references that are posted to the subsidiary ledger Complete the totals and the posting references for the totals. Some of the posting references may include more than one account Account Numbers (Abbreviations used No. - Number; Post. Ref. - Posting Reference: All Allowances.) Sales oumal Accounts Cost of Goods Receivable De Sold De Invoice Customer Post: Sales Inventory Rel. Account Debited Date Revenue CE Cr No. SA Cu RUCTIVOLI Invoice Customer Sales Post. Ref. BURU I Inventory Cr Date No. Account Debited Revenue Cr Oct 31 Total 3 5 00h 8 Oct. 2 Issued invoice no. 913 for sale on account to Ishida Inc., 524,600. Como's cost of this inventory was $10,800 Credit sales terms are 1/10,n/30 Purchased inventory on credit terms of 3/10, n/60 from Newport Corp., $20,000. The invoice was dated October 3 Sold inventory for cash, $8,200 (cost, $3,150) 5 Issued cheque no. 532 to purchase furniture for cash $13,110 Collected interest revenue of $7.700. 9 Issued invoice no. 914 for sale on account to Browne Ltd. $51,000 (cost, $18,000). Credit sales terms are 1/10. n/30 10 Purchased Inventory for cash, 58,200, issuing cheque no. 533 12 Received cash from Ishida Inc in full settlement of its account receivable from the sale on October 2. 13 Issued cheque no. 534 to pay Newport Corp. the net amount owed from October 3 (Round to the nearest dollar.) 13 Purchased supplies on account from Mann Inc. $8 646. Terms were net end of month. The invoice was dated October 13. 15 Sold inventorvon Account to MO Bedch issuin invoice no 9.15 for $5700 enst 51 70 Credit Sales 20 Purchased inventory on credit terms of net 30 from Berkley Distributing Ltd, $14,000. The invoice was dated October 20. 22 Purchased furniture on credit terms of 3/10, n/60 from Newport Corp., $3.870. The invoice was dated October 22. 22 Issued cheque no. 535 to pay for insurance coverage, debiting Prepaid Insurance for $6.000. 24 Sold supplies to an employee for cash of $324 which was the cost of the supplies. 25 Issued cheque no. 536 to pay utilities, $6,718. 28 Purchased inventory on credit terms of 2/10,n/30 from Mann Inc., 59 800. The invoice date was October 28. 29 Returned damaged inventory to Mann Inc. issuing a debit memo for $4,200. 29 Sold goods on account to Browne Ltd. issuing invoice no 917 for $3.500 (cost, $1.390). Credit sales terms are 1/10, n/30. 30 Issued cheque no. 537 to pay Mann Inc $2.646. 31 Received cash in full on account from Ishida Inc. 31 Issued cheque no. 538 to pay monthly salaries of $26,000. - x Chart of accounts Cash Accounts Receivable Supplies 111 112 116 411 412 413 Prepaid Insurance Inventory Furniture Accounts Payable Sales Revenue Sales Discounts Sales Returns and Allowances Interest Revenue Cost of Goods Sold Salaries Expense Utilities Expense 117 118 151 211 419 511 531 541