Geral Journal 1. Jul Merchandise inventory S2000 Cash Merchandise inventory S2,000 Ace. Payable ABC 4 Ex. All the below transactions took place during the month of August 2018 and refer to Harmony Merchas General Journal $ 1018 Record and post these transactions in the books of armony Store, using the periodic and perpetual 1.Ju Purchases 6 July Purchased 100 pairs cheats for cash, fremler Sports Geade, fer pair Cash 3. Purchases 3 Purchased 80 units of sports helmets $25 each, from Players Ltd., credit terms 310, N/30, FOH Ship Acc. Payable 9 - Sold pairs cleats of $42 a pair for cash to Wilmer High School, after allowing for 3% trade discour4.Jul Cash charging sale tax of 8% 115 Harmony received and settled a bill for 595 to cover shipping of the July purchase, to warehouse Sales tas 12 6 Harmony reported the defects oa ten (10) of the helmets purchased on July 3, and Players Led gave 13 55 each to avoid the return of the goods. 14 7 Purchased 200 pairs of footballhoses at $2 per pair, from Sports Footwear Co., en terms 2/10, N/30. Jul Freight in 15 Returned four (4) pairs of cleats to supplier of July 1, because of defect, and received cash refund. 16 9 Harmony paid $1,500 cash for part amount owing to Mayers Ltd. 6-Jul Aet, payable 17 11 Sold 40 pairs hoses to Magle Sports Club for 55 per pair, on terms 2/18 N30,FOB destination Purchases allowance 18 13 Received balance due from Magic Sports Club 7-Jul Purchases 19 14 Paid balance de Mayers Ltd. Account payable 2015 Sold 15 pairs of football cleats to Houston Rachets Store at $35 a pair, less 1% discount Terms of trad 8. Cash 21 FOB shipping point and sales tax of 8%. Purchase returns 22 15 Magle Sports Club returned six (6) pairs of hoses, purchased July 13, and received full credit 9-Jul Ace, payable Cost of sales Merchandise lovetery 5-Jul Merchandise inventory Merchandise inventory 7-Jul Merchandise inventory s Accounts payable Merchandise investory Acc. payable 9. Jul Purchase discount 11-Jul Accounts receivable S Merchandise aventory 11-Jul Accounts receivables 200 PERIODIC INVENTORY METHOD - GENERAL LEDGER Purchases Balance CrDr. S 3,000 S2,000 5,000 Cost of sales die lewe 13-Jul Cash Sales discounts 13 Jul Cash Sales discount Accounts receivable 5 4 Accounts receivable Shoot Shot Sheeh BP -- D Cost of sales Merchandise inventory E PERIODIC INVENTORY METHOD GENERAL LERER Purchases 13. Cash Sales discount Recurve Account payable 14. A Accesrechable peyes 15. JJ AL S 63 Purchase Bercing 15. Sales en Accounts receive Accounts receivable Purchases Discount 1 Purchase Are Aerobe Acne Nere Act Date Dr $ 1.444 Ace De Cash Merchandire Accounting Lecture Notes 1 Insert View Page Layout Times New.. BY U Formulas 12 D Data A-A- .A. Review - . --x . 2 A Waple Merge Center General $ % ) Cew Update to keep 16-date with security pies , and improvements, choose Check for Update D E F G H J K L M N O P R S SUBSIDIARY LEDGER Players in Mee Mecom Jul Purchases $ 2,000 onance Nalance Sales Res Account Dr. Account CT: C. Date Sales Discount Account Dr. Balance Dr. Cr. Cr. Date Account RACTICE Based on the lecture notes I sent you in Word file: 1. Complete the recording ournal entry) for June 15, the return of the hoses". 2. Post the journal entries into the respetive ledger accounts and in the subsidiary 3. Update the account balances in both ledgers. Geral Journal 1. Jul Merchandise inventory S2000 Cash Merchandise inventory S2,000 Ace. Payable ABC 4 Ex. All the below transactions took place during the month of August 2018 and refer to Harmony Merchas General Journal $ 1018 Record and post these transactions in the books of armony Store, using the periodic and perpetual 1.Ju Purchases 6 July Purchased 100 pairs cheats for cash, fremler Sports Geade, fer pair Cash 3. Purchases 3 Purchased 80 units of sports helmets $25 each, from Players Ltd., credit terms 310, N/30, FOH Ship Acc. Payable 9 - Sold pairs cleats of $42 a pair for cash to Wilmer High School, after allowing for 3% trade discour4.Jul Cash charging sale tax of 8% 115 Harmony received and settled a bill for 595 to cover shipping of the July purchase, to warehouse Sales tas 12 6 Harmony reported the defects oa ten (10) of the helmets purchased on July 3, and Players Led gave 13 55 each to avoid the return of the goods. 14 7 Purchased 200 pairs of footballhoses at $2 per pair, from Sports Footwear Co., en terms 2/10, N/30. Jul Freight in 15 Returned four (4) pairs of cleats to supplier of July 1, because of defect, and received cash refund. 16 9 Harmony paid $1,500 cash for part amount owing to Mayers Ltd. 6-Jul Aet, payable 17 11 Sold 40 pairs hoses to Magle Sports Club for 55 per pair, on terms 2/18 N30,FOB destination Purchases allowance 18 13 Received balance due from Magic Sports Club 7-Jul Purchases 19 14 Paid balance de Mayers Ltd. Account payable 2015 Sold 15 pairs of football cleats to Houston Rachets Store at $35 a pair, less 1% discount Terms of trad 8. Cash 21 FOB shipping point and sales tax of 8%. Purchase returns 22 15 Magle Sports Club returned six (6) pairs of hoses, purchased July 13, and received full credit 9-Jul Ace, payable Cost of sales Merchandise lovetery 5-Jul Merchandise inventory Merchandise inventory 7-Jul Merchandise inventory s Accounts payable Merchandise investory Acc. payable 9. Jul Purchase discount 11-Jul Accounts receivable S Merchandise aventory 11-Jul Accounts receivables 200 PERIODIC INVENTORY METHOD - GENERAL LEDGER Purchases Balance CrDr. S 3,000 S2,000 5,000 Cost of sales die lewe 13-Jul Cash Sales discounts 13 Jul Cash Sales discount Accounts receivable 5 4 Accounts receivable Shoot Shot Sheeh BP -- D Cost of sales Merchandise inventory E PERIODIC INVENTORY METHOD GENERAL LERER Purchases 13. Cash Sales discount Recurve Account payable 14. A Accesrechable peyes 15. JJ AL S 63 Purchase Bercing 15. Sales en Accounts receive Accounts receivable Purchases Discount 1 Purchase Are Aerobe Acne Nere Act Date Dr $ 1.444 Ace De Cash Merchandire Accounting Lecture Notes 1 Insert View Page Layout Times New.. BY U Formulas 12 D Data A-A- .A. Review - . --x . 2 A Waple Merge Center General $ % ) Cew Update to keep 16-date with security pies , and improvements, choose Check for Update D E F G H J K L M N O P R S SUBSIDIARY LEDGER Players in Mee Mecom Jul Purchases $ 2,000 onance Nalance Sales Res Account Dr. Account CT: C. Date Sales Discount Account Dr. Balance Dr. Cr. Cr. Date Account RACTICE Based on the lecture notes I sent you in Word file: 1. Complete the recording ournal entry) for June 15, the return of the hoses". 2. Post the journal entries into the respetive ledger accounts and in the subsidiary 3. Update the account balances in both ledgers