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he following selected transactions were completed by Betz Company during July of the current year: July 1 Purchased merchandise from Sabol imports Co, $15,458, terms

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he following selected transactions were completed by Betz Company during July of the current year: July 1 Purchased merchandise from Sabol imports Co, $15,458, terms FOB destination, n/30 3 Purchased merchandise from Saxon Co, \$9,650, terms. FOB shipping point, 2/10, n/eom. Prepaid freight of $200 was added to the invoice 5 Purchased merchandise from Schnee Co, $13,550, terms FOB destination, 2/10, n/30 6 Issued debit memo to Schnee Co. for merchandise with an invoice. amount of $4,350 returned from purchase on July 5 13 Paid Saxon Co for invoice of July 3. 14 Paid Schnee Co for invoice of July 5 , less debit memo of July 6. 19 Purchased merchandise from Southmont Co,$27,270, terms FOB shipping point, n/eom 19 Paid freight of $375 on July 19 purchase from Southmont Co. 20 Purchased merchandise from Stevens Co, $21,400, terms FOB destination, 1/10, n/30. 30 Paid Stevens Co. for invoice of July 20. 31 Paid Sabol imports Co for invoice of July 1 31 Paid Southmont Co. for invoice of July 19 Required: Joumalize the entries to record the transactions of Betz Company for July. 10 more Check My Work uses remaining 194 Office Equipment 533 Insurance Expense 195 Accumulated Depreciation-Office Equipment 534 Store Supplies Expense 535 Office Supplies Expense LIABILITTES 536 Credit Card Expense- 211 Accounts Payable-Sabol imports Co 539 Miscellaneous Expense 212 Accounts Payable-Saxon Co. 710 Interest Expense 213 Accounts Payable-Schnee Co 214 Accounts Payable-Southmont Co 215 Accounts Payable-Stevens Co. 216 Salaries Payable 218 Sales Tax Payable 219 Customer Refunds Payable 221 Notes Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends Joumalize the entries to record the transactions of Betz Company for July Genemal Woumal instruations 10 more Check Afy Work uses remaining

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