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Instructions The towing were selected on among the transactions completed by Babcock Company during November of the current year Babcock uses the net method
Instructions The towing were selected on among the transactions completed by Babcock Company during November of the current year Babcock uses the net method under a perpetual inventory system NOV 3 Purchased merchandise on account from Moonight Co, t price $85,000, adeout 25% EDR diaton, 210, 30 Bae merchandise for cash $37.00 The got the $22,600 15 24 Purchased merchandise on account from Papoose Creek Co., $47.500, terms Eshenson 2/10, 30, with precaid height of $810 added to the Rebimad $13.500 ($18,000 at once less trade discount of 25) of merchandise purchased on November 3 from Moonight Co Sold merchanton on account to Quares 15,000 with terms 5 The of the good sont was $9,400 Paid Mounight C on account for purchase of November 3 Smenaden on A $230,000 The coat or the goods set of November Paid Papoose Creek Co on accourt for purchase of November 5. Received cast on count tomate of November to w$140.000 laid merchandise on account to Rabet Co. 556.900, test/10, 30 The cost of the goods sold was $34,000 Paid VISA service fee of $3540 330d Chuinn Co a cash refund of 6,000 for returned merchandise from sale of November & The cost the returned merchandise was $3,300 Jounate the Aussctions Ret to me Chart of Accounts for exact wording of account
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