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Help Following are the merchandising transactions for Dollar Store Nov. 1 Dollar Store purchases merchandise for $1,500 on terms of 2/5, 1/30, FOB shipping point,

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Help Following are the merchandising transactions for Dollar Store Nov. 1 Dollar Store purchases merchandise for $1,500 on terms of 2/5, 1/30, FOB shipping point, invoice dated November 1. 5 Dollar Store pays cash for the November 1 purchase. 7 Dollar Store discovers and returns $100 of defective merchandise purchased on November 1, and paid for on November 5, for a cash refund. 10 Dollar Store pays $75 cash for transportation costs for the November 1 purchase. 13 Dollar Store sells merchandise for $1,620 with terns 1/30. The cost of the merchandise is $10. 16 Merchandise is returned to the Dollar Store from the November 13 transaction. The returned items are priced at $298 and cost $145; the items were not damaged and were returned to inventory. Journalize the above merchandising transactions for the Dollar Store assuming it uses a perpetual inventory system and the gross method View transaction list Journal entry worksheet 1 2 7 8 Dollar Store purchases merchandise for $1,500 on terms of 2/5, V30,FOB shipping point, invoice dated November 1 General Joure Debit Credit Novor Next > A 2 3 4 5 6 7 8 9 E R. T Y U O S D F G H J K X C V 00 N M ommand command

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