Invoice March 14, 2020 Date: Erik's Bicycle Shop Sold to: Sold by: Schwinn Company 3/10, n/30 Terms: Items Purchased Bicycles Quantity Price Total 8 $ 69 153 $ 1,224 3 112 336 1,274 13 98 S9 $ 2,834 Total. Print Done i Debit Memo - Debit Memo March 20, 2020 297 Date: Schwinn Company Sold to: Sold by: Erik's Bicycle Shop en Items Returned Bicycles Quantity Price Total 2 $ 153 $ 306 336 3 112 $ 642 Total.... Reason: Damaged in shipment Print Done The provided documents describe two business transactions (Click the icon to view the invoice.) Click the icon to view the debit memo.) Enk's Bicycle Shop paid the balance due on March 21. Both Erik's Bicycle Shop and Schwinn Company use a perpetual inventory system Schwinn Company's cost of the bicycles sold to Erik's Bicycle Shop was $1,447. Schwinn Company's cost of the returned merchandise was $297. Required Requirement 1. Record these transactions and Erik's cash payment on March 21 in the books of Erik's Bicycle Shop. (Record debits first, then credits. No explanations are required. Round amounts to the nearest whole dollar.) March 14: Erik's Bicycle Shop purchases bicycles from Schwinn Company Date Mar 14 Journal Entry Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question The provided documents describe two business transactions. (Click the icon to view the invoice.) (Click the icon to view the debit memo.) Erik's Bicycle Shop paid the balance due on March 21. Both Erik's Bicycle Shop and Schwinn Company use a perpetual inventory system. Schwinn Company's cost of the bicycles sold to Erik's Bicycle Shop was $1,447. Schwinn Company's cost of the returned merchandise was $297. Required March 20: Erik's Bicycle Shop returns bicycles to Schwinn Company. Date Mar 20 Journal Entry Accounts Debit Credit March 21: Erik's Bicycle Shop paid the balance due. Choose from any list or enter any number in the input fields and then continue to the next question. March 21: Erik's Bicycle Shop paid the balance due. Date Mar. 21 Journal Entry Accounts Debit Credit Requirement? Record what the hooks of Schwinn Company which makes and colle hirurloc unuld record IR. Requirement 2. Record what the books of Schwinn Company, which makes and sells bicycles, would record. (Record debits first, then credits. No explanations are required. Round amounts to the nearest whole dollar) March 14: Schwinn Company sells bicycles to Erik's Bicycle Shop. First record the sale on March 14 Date Ma 14 Journal Entry Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Type here to search TESC tab caps lock shift 1 ctri E 0 124 M 02 IT 9 DOLL 9 15 FO 17 116 117 prisc 910 home 44 55 6 7 W E R T Y A S D N X C alt NO LL F G H