Joumalize the following transactions that occurred in November 2018 for Jill's Water World, assuming the perpetual inventory system is being used. No explanations are needed. Identify each accounts payable and accounts receivable with the vendor or customer name. Jill's Water World estimates sales returns at the end of each month. (Record debits first, then credits. Exclude explanations from journal entries. Assume the company records sales at the net amount.) (Click the icon to view the transactions.) Nov. 26: Paid amount owed on account from November 18, less discount. Date Accounts Debit Credit G Nov. 26 empts 1 of 1 se 1 of 1 complete Debit Credit Ooft O of 1 Accounts Payable-Rainer Corporation Accounts PayableSwift Corporation Accounts Payable-Venice Company Nov. 28: Receive Accounts Receivable-Cabot Company Date Accounts Receivable-Graceland Corporation Cash Nov. 28 Cost of Goods Sold Delivery Expense Estimated Returns Inventory Freight in Merchandise Inventory Nov. 29: Purcha! Purchase Discounts Purchase Returns and Allowances Purchases Choose from an Refunds Payable Sales Revenue Sample Tests and Quizzes FOB shipping point. Freight in paid to shipping company $150 + un continue to the next question Gradebook Score Artemats tv 9 16 sie PP 80 PR C 9 A & 7 8 # % 5 $ 4 @ 6 2 3 P T Y E R Joumalize the following transactions that occurred in November 2018 for Jill's Water World, assuming the perpetual inventory system is being used. No explanations are needed. Identify each accounts payable and accounts receivable with the vendor or customer name. Jill's Water World estimates sales returns at the end of each month. (Record debits first, then credits. Exclude explanations from journal entries. Assume the company records sales at the net amount.) (Click the icon to view the transactions.) Nov. 26: Paid amount owed on account from November 18, less discount. Date Accounts Debit Credit G Nov. 26 empts 1 of 1 se 1 of 1 complete Debit Credit Ooft O of 1 Accounts Payable-Rainer Corporation Accounts PayableSwift Corporation Accounts Payable-Venice Company Nov. 28: Receive Accounts Receivable-Cabot Company Date Accounts Receivable-Graceland Corporation Cash Nov. 28 Cost of Goods Sold Delivery Expense Estimated Returns Inventory Freight in Merchandise Inventory Nov. 29: Purcha! Purchase Discounts Purchase Returns and Allowances Purchases Choose from an Refunds Payable Sales Revenue Sample Tests and Quizzes FOB shipping point. Freight in paid to shipping company $150 + un continue to the next question Gradebook Score Artemats tv 9 16 sie PP 80 PR C 9 A & 7 8 # % 5 $ 4 @ 6 2 3 P T Y E R
