Journalize the following entries on the books of Winston Co. for August 1, September 1, and November 30. (Assume a 360-day year is used for interest calculations.) Refer to the Chart of Accounts for exact wording of account titles. Aug. 1 Winston Co. purchased merchandise for $75,000 on account from Bagley Co., terms n/30. Winston Co. issued a 90-day, 6% note for $75,000 on Sept. 1 account. Nov. 30 Winston Co. paid the amount due. Journalize the entries on the books of Winston Co. for August 1, September 1, and November 30. (Assume a 360-day year is used for interest calculations.) Refer to the Chart of Accounts for exact wording of account titles. PAGE 1 JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 2 3 4 5 6 7 Copy equipment was acquired at the beginning of the year at a cost of $39,180 that has an estimated residual value of $3,600 and an estimated useful life of 5 years. It is estimated that the machine will output an estimated 1,186,000 copies. This year, 215,000 copies were made. a. Determine the depreciable cost. $ $ b. Determine the depreciation rate. per copy c. Determine the units-of-output depreciation for the year. $