EDU 6 of 6 (1 complete) The following transactions occurred between Tucker's Furnishings and K and B Furniture Warehouse during July of the current year: Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize these transactions on the books of Tucker's Furnishings, assuming the "net" method is used. (Record debits first, then credits. Exclude explanations from any journal entries) Jul 4: Tucker's Furnishings purchased $12,000 of merchandise from K and B Furniture Warehouse on account. Terms 1/15, 1/30, FOB shipping point. The goods cost and Furniture Warehouse $2,800 Journal Entry Date Accounts Debit Credit 4 Inventory 12000 0 More Info - X Jul 7: Tucker's Furnishings paid a $75 freight bil for delivery of Journal Entry Jul 4 Tucker's Furnishings purchased $12,000 of merchandise from K and Furniture Warehouse on account Terms 1/15, 1/30, FOB shipping point. The goods cost and Furniture Warehouse $2.600 7 Tucker's Furnishings paid a $75 freight bel for delivery of the goods purchased on July 4. 10 Tucker's Furnishings returned $1,400 of the merchandise purchased on July 4. The goods cost and B Furniture Warehouse $800 18 Tucker's Furnishings paid $1.600 of the July 4 invoice less the discount. 31 Tucker's Furnishings paid the remaining amount owed on the July 4 invoice Date Accounts 7 Inventory Print Done Jul 10: Tucker's Furnishings returned $1,400 of the merchandise purchased on July 4 The goods and W house 5800 Journal Entry Accounts Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Type here to search JURS UI TUURLI S Purnishings, assuming the "net" method is used. (Record debits first, then credits. Exclude explanations from any journal handise from K and B Furniture Warehouse on account. Terms, 1/15, n/30, FOB shipping point. The goods cost and B Furniture Warehou. Credit Debit 12000 i Requirements livery of the goods purcha 1. Journalize these transactions on the books of Tucker's Furnishings, assuming the "net" method is used. 2. Journalize these transactions on the books of K and B Furniture Warehouse, assuming the "net" method is used. Debit Print Done merchandise purchased on July 4. The goods cost K and B Furniture Warehouse $800. Debit Credit put fields and then continue to the next question. The following transactions occurred between Tucker's Furnishings and K and B Furniture Warehouse during July of the current year Click the icon to view the transactions.) Read the reguremen's Requirement 1. Journalize these transactions on the books of Tucker's Furnishings, assuming the "net" method is used. (Record debits first, then credits. Exclude explanations from any journal entries) Jul 4: Tucker's Furnishings purchased $12,000 of merchandise from K and B Furniture Warehouse on account. Terms 1/15, 1/30, FOB shipping point. The goods cost and Furniture Warehouse $2.500 Journal Entry Date Accounts Debit Credit Inventory 12000 12000 Accounts payable Accounts receivable Cash Jul 7: Tucker's Fe Cost of goods sold Estimated Inventory returns Estimated refund liability Date Inventory he goods purchased on July 4 Debit Credit Jul 10: Tucker's Furnishings returned 51.400 of the merchandise purchased on July 4. The goods cost and Furniture Warehouse $800 Journal Entry Debit Credit Date Choose from any list or enter any number in the input fields and then continue to the next question Type here to search od 9 O Furniture Warehouse during July of the current year Click the icon to view the transactions) Read the requirements Requirement 1. Journalize these transactions on the books of Tucker's Furnishings, assuming the net method is used Record des first, then credit Exclude explanations from any ouma entries Jul 4. Tucker's Furnishings purchased $12,000 of merchandise from Kand Furbure Warehouse on account. Terms, 1/15, 130. FOB shipping point. The goods cost and Furniture Warehouse 52.600 Journal Entry Accounts Debit Credit ca he goods purchased on July 4 Accounts payable Accounts receivable Jul 7: Tucker's FL Cost of goods sold Estimated Inventory returns Estimated refund liability Inventory Debit Jul 10: Tucker's Furnishings returned $1.400 of the merchandise purchased on July 4. The goods cost and Furniture Warehouse 800 Journal Entry Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Type here to search The following transactions occurred between Tucker's Furnishings and K and B Furniture Warehouse during July of the current year (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize these transactions on the books of Tucker's Furnishings, assuming the net method is used. (Record debits first, then credits. Exclude explanations from any ouma entries.) Jul 4: Tucker's Furnishings purchased $12,000 of merchandise from K and B Furniture Warehouse on account. Terms 1/15, 1/30, FOB shipping point. The goods cost and Furniture Warehouse 52.600 Journal Entry Accounts Debit Credit 12000 Jul 7: Tucker's Furnishings paid a $75 freight bill for delivery of the goods purchased on July 4. Journal Entry Date Debit Credit Inventory Jul 10: Tucker's Furnishings returned $1,400 of the merchandise purchased on July 4. The goods cost and Furniture Warehouse 5800 Journal Entry Date Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question A4 Type here to search om de 9 Read the requirements Jul 10: Tucker's Furnishings returned $1,400 of the merchandise purchased on July 4. The goods cost and Furniture Warehouse $800. Date Journal Entry Accounts 10 Accounts payable Debit Credit 1400 Inventory FOCUS RS AND Jul 18: Tucker's Furnishings paid $1,600 of the July 4 invoice less the discount Date Journal Entry Accounts 18 Accounts payable Debit Credit 1600 Cash Inventory Jul 31: Tucker's Furnishings paid the remaining amount owed on the July 4 invoice Journal Entry Date Accounts Debit Jul 31 Accounts payable 3800 Credit Choose from any list or enter any number in the input fields and then continue to the next question Type here to search The following transactions occurred between Tucker's Furnishings and K and B Furniture Warehouse during July of the current year: Click the icon to view the transactions.) Read the requirements Jul 31: Tucker's Furnishings paid the remaining amount owed on the July 4 invoice Journal Entry Accounts Date Debit Credit Jul 31 Accounts payable Requirement 2. Journalize these transactions on the books of K and B Furniture Warehouse, assuming the net method is used. Record des first, then credits Exclude explanations from my ouma Jul 4: Tucker's Furnishings purchased $12,000 of merchandise from Kand B Furniture Warehouse on account. Terms 1/15./30. FOB shipping point. The goods cost and Furniture Warehouse $2,800 s .) Begin by journaling the revenue from the sale of merchandise. Do not yet record the cost related to the sale. We will do this in the next joumalerey) Journal Entry Date Accounts Debit Credit Now journalize the cost of goods sold related to the sale of merchandise on July 4 Choose from any list or enter any number in the input fields and then continue to the next question A 00 Type here to search occurred between Tucker's Furnishings and K and Chok the icon to view the transactions.) Read the requirements Furniture Warehouse during July of the current year Now oumalize the cost of goods sold related to the sale of merchandise on July 4 Date Journal Entry Accounts Debit Credit 10: Tucker's Furnishings returned $1.400 of the merchandise purchased on July 4. The goods cost and Furniture Warehouse 5800 Start by recording the receivable portion of the merchandiseretom (Do not yet record the inventory adjustment related to the return. We will do this in the next journal entry) Date Journal Entry Accounts 10 Debit Credit Now you the inventory portion of the merchandise return Date Journal Entry Accounts De Choose from any stor enter any number in the input Credit ids and then continue to the next question P Type here to search The following transactions occurred between Tucker's Furnishings and K and B Furniture Warehouse during July of the current year: Click the icon to view the transactions.) Read the requirements Now jumalize the inventory portion of the merchandise return Date Journal Entry Accounts Debit Credit Jul 18. Tucker's Furnishings paid $1,600 of the July 4 invoiceless the discount INC Date Journal Entry Accounts Debit Credit Jul 31: Tucker's Furnishings paid the remaining amount owed on the July 4 invoice Date Journal Entry Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Type here to search Jul 18: Tucker's Furnishings paid $1,600 of the July 4 invoice less the discount. Journal Entry Accounts Date Debit Credit *FOCU Jul 18 ERS AN Jul 31: Tucker's Furnishings paid the remaining amount owed on the July 4 invoice. Journal Entry Date Accounts Debit Credit Jul Choose from any list or enter any number in the input fields and then continue to the next question. Type here to search zneone tried 7 make it clear