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I Cank is a hai stylist who opened a business selling hair products. He imports products from around the world and sels to salonOct. 1
I Cank is a hai stylist who opened a business selling hair products. He imports products from around the world and sels to salonOct. Purchased $ of hair spray from Orbit Pro; terms n FOB shipping point. Theappropriate party paid the shipping cost of $ Sold shampoo costing $ to Barber & Co for a price of $ with terms of n FOB shipping point. The appropriate party paid the shipping cost of $ Returned $ of inventory to Orbit Pro due to an error in the October order Paid Orbit Pro for the purchase on October Barber & Co returned $ of inventory from the sale on October The inventory had cost of $ Received the payment from Barber & Co on the October sale Purchased $ of hair conditioner from Keratin Hair; terms n FOB shipping point. The appropriate party paid the shipping cost of $Sold hair gel to Styling Room for an invoice price of $ terms n FOB destination. The hair gel had a cost of $ The appropriate party paid the shipping cost of $ Paid for the purchase on October Received the payment from Styling Room on the October sale.Required:Record the journal entries for the month of October. If no entry is required for a transactionevent select No journal entry required in the first account field. Journal entry descriptions are provided already in the journal entry worksheet.
I Cank is a hai stylist who opened a business selling hair products. He imports products from around the world and sels to salonOct. Purchased $ of hair spray from Orbit Pro; terms n FOB shipping point. Theappropriate party paid the shipping cost of $ Sold shampoo costing $ to Barber & Co for a price of $ with terms of n FOB shipping point. The appropriate party paid the shipping cost of $ Returned $ of inventory to Orbit Pro due to an error in the October order Paid Orbit Pro for the purchase on October Barber & Co returned $ of inventory from the sale on October The inventory had cost of $ Received the payment from Barber & Co on the October sale Purchased $ of hair conditioner from Keratin Hair; terms n FOB shipping point. The appropriate party paid the shipping cost of $Sold hair gel to Styling Room for an invoice price of $ terms n FOB destination. The hair gel had a cost of $ The appropriate party paid the shipping cost of $ Paid for the purchase on October Received the payment from Styling Room on the October sale.Required:Record the journal entries for the month of October. If no entry is required for a transactionevent select No journal entry required in the first account field. Journal entry descriptions are provided already in the journal entry worksheet.
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