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ignacion Savod For each transaction of Sealy Company. (a) determine whether or not Sealy owns the goods during transit (b) If Sealy is responsible for

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ignacion Savod For each transaction of Sealy Company. (a) determine whether or not Sealy owns the goods during transit (b) If Sealy is responsible for transportation costs, record the entry for shipping costs assuming they are paid in cash and the perpetual Inventory system is used Complete this question by entering your answers in the tabs below. Required A Required Determine whether or not Sealy owns the goods during transit Transaction Sealy has Ownership? 1 Purchased goods FOB shipping point Transportation costuar 5690 12 Sold goods FOB destination Transportation costs are $290 3. Sold goods FOB shipping polim Transportation costs are $440 A Purchased goods FOB destination Transportation costs are 1170 Required B > Required A Required B If Sealy is responsible for transportation costs, record the entry for shipping costs assuming they are paid in cash and the perpetual Inventory system is used. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 Purchased goods FOB shipping point. Transportation costs are $690. Note: Enter debits before credits Transaction General Journal Debid Credit 1 Record entry Clear entry View generat journal Sold goods FOB destination. Transportation costs are $290. Note: Enter debits before credits Transaction General Journal Debit Credit 2 Record entry Clear entry View general Journal View transaction list Journal entry worksheet Purchased goods FOB destination. Transportation costs are $170. Note: Enter debits before credits. Transaction General Journal Debit Credit 4 Record entry Clear entry View general Journal

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