Instructions The following selected transactions were completed by Betz Company during July of the current year: July 1 Purchased merchandise from Sabol Imports Co., $13,031, terms FOB destination, n/30. 3 Purchased merchandise from Saxon Co., $9,150, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $205 was added to the invoice. LO 5 co 6 Purchased merchandise from Schnee Co., $14,800, terms FOB destination, 2/10, n/30. Issued debit memo to Schnee Co. for merchandise with an invoice amount of $4,600 returned from purchase on July 5. Paid Saxon Co. for invoice of July 3. 13 14 Paid Schnee Co. for invoice of July 5, less debit memo of July 6. 19 Purchased merchandise from Southmont Co., $26,320, terms FOB shipping point, n/eom. 19 20 25 Paid freight of $410 on July 19 purchase from Southmont Co. Purchased merchandise from Stevens Co., $20,100, terms FOB destination, 1/10, n/30. Paid Stevens Co. for invoice of July 20. 30 31 Paid Sabol Imports Co. for invoice of July 1. 31 Paid Southmont Co. for invoice of July 19. General Journal JOURNAL Score: 167/337 Shaded cells have feedback. PAGE TO ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT 1 Jul. 1 Accounts Payable-Sabol Imports Co. CREDIT ASSETS LIABILITIES 13,031.00 2 Inventory 3 Jul. 3 Inventory 9,150.00 9,150.00 4 Accounts Payable-Saxon Co. 1.00 5 Jul. 5 Inventory 1.00 6 Accounts Payable-Schnee Co. 1.00 7 Jul. 6 8 9 Jul. 13 10 11 Jul. 14 12 12 Accounts Payable-Schnee Co. Inventory Accounts Payable-Saxon Co. Cash Accounts Payable-Stevens Co. Accounts Payable-Schnee Co. 1.00 1.00 1.00 13 Jul. 19 Cash EQUITY General Journal 13 Jul. 19 14 15 16 Cash Jul. 20 Accounts Payable-Stevens Co. Accounts Payable-Stevens Co. Accounts Payable-Stevens Co. 17 Jul. 30 Accounts Payable-Stevens Co. 18 19 20 20 Cash Accounts Payable-Stevens Co. Accounts Payable-Stevens Co. 24 21 Jul. 31 Cash 22 23 24 Accounts Payable-Stevens Co. Accounts Payable-Stevens Co. Accounts Payable-Stevens Co. 25 Cash 26 Accounts Payable-Stevens Co. 27 Cash Shaded cells have feedback.