Ignore the third picture i need everything els

At the beginning of October, Bowser Co.'s inventory consists of 54 units with a cost per unit of $46. The October 4 Purchase 126 units of inventory on account from Waluigi Co. for $50 per unit, terms 2/10, n/ October 5 Pay cash for freight charges related to the October 4 purchase, $696. October 9 Return 10 defective units from the October 4 purchase and receive credit. October 12 Pay Waluigi Co. in full. October 15 Sell 156 units of inventory to customers on account. $12,480. (Hint: The cost of units sold fr purchase discount, or $55 per unit.] October 19 Receive full payment from customers related to the sale on October 15. October 20 Purchase 96 units of inventory from Waluigi Co, for $66 per unit, terms 1/10, n/30. October 22 Sell 96 units of inventory to customers for cash. $7.680. lists of 54 units with a cost per unit of $46. The following transactions occur during the month of October m Waluigi Co. for $50 per unit, terms 2/10, 1/30. ober 4 purchase, $696. urchase and receive credit count, $12,480. Hint: The cost of units sold from the October 4 purchase includes $50 unit cost plus $6 per unit for freight loss S1 per unit for the to the sale on October 15. Co. for $66 per unit, terms 1/10, n/30. sh, $7,680. Required: 1. Assuming that Bowser Co. uses a FIFO perpetual inventory system to maintain its inventory records, record the transactions. entry required in the first account field.) 2. Suppose by the end of October that the remaining inventory is estimated to have a net realizable value value per unit of $35. Re value. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the adjustment of inventory to net realizable value. Note: Enter debits before credits. General Journal Debit Credit Date October 31 Record entry Clear entry View general journal 3. Prepare the top section of the multiple-step income statement through gross profit for the month of October after the adjustment for lower of cost and net realizable value BOWSER CO. Multiple step Income Statement (partial For the month of October