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Home Aav A Paste X MII A A BIU A 15, 16, 117.1.18 Fiona's Store had the following transactions during December, the last month of

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Home Aav A Paste X MII A A BIU A 15, 16, 117.1.18 Fiona's Store had the following transactions during December, the last month of the accounting period: Dec.1 Sold merchandise on credit for $6,000, cost $4,000 terms 1/10, 9/30. 3 Purchased merchandise for cash, $900. 4 Purchased merchandise on credit for $4,600, terms 2/10, 1/30. 5 Issued a credit memorandum for $500 to a customer who returned merchandise purchased November 29, cost $300. 11 Received payment for merchandise sold December 1. 15 Received a credit memorandum for $500 for the return of faulty merchandise purchased on December 4. 18 Paid freight charges of $100 for merchandise ordered last month. 23 Pald for the merchandise purchased December 4 less merchandise returned. 24 Sold merchandise on credit for $8,000, terms 1/10 n/30, cost $6,500 31 Received payment for merchandise sold on December 24. Required: Prepare general journal entries to record these transactions, using a perpetual inventory system. General Journal Accounts Date Debit Credit al 154 words English (United States) @ 500 AutoSave lor Home Insert Draw Design Layout References Mailings Review View Devel Calibri (Bo... 12 . A A. A Paste Uval X x A ili 16 17 20 Date Accounts Debit Credit 154 words English (United States)

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