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Journalize the following transactions that occurred in November 2016 for Jill's Water World. assuming the perpetual inventory system is being used. No explanations are needed.
Journalize the following transactions that occurred in November 2016 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. (Record debits first, then credits. Exclude explanations from journal entries.) (Click the icon to view the transactions.) More info Nov. 4: Purchased merchandise inventory on account from Vanderbilt Company, $5,000. Terms 2110, nMEOM, FOB Accounts Debit Credit Date Nov. Purchased merchandise inventory on account from Vanderbilt Company, $5,000. Nov. 4 4000 Terms 2110, nVEOM, FOB shipping point. 4000 6 Paid freight bill of $190 on November 4 purchase 8 Returned half of the inventory purchased on November 4 from Vanderbilt Company 10 Sold merchandise inventory for cash, $1.800. Cost of goods, $720. FoB destination. 11 Sold merchandise inventory to Gregory Corporation, $10.100, on account. Tems 2/10, nEOM. Cost of goods, $5,050. FOB shipping point. 12 Paid freight bill of $40 on November 10 sale. 13 Sold merchandise inventory to Cabato Company for $8,900 on account tems of 1/15, n'45. Cost of goods, $4,450, FOB shipping point. 14 Paid the amount owed on account from November 4, less return and discount 16 After negotiations. granted a $300 allowance to Gregory Corporation on November 11 sale. 17 Received defective inventory as a sales return from the November 13 sale, $600. Cost of goods, $300. Choose from any list or enter any number in the Input fields and then click Check Answer 18 Purchased inventory of $3,600 on account from Russo Corporation. Payment tems were 0, n30, FOB destination. 19 parts remaining Cle
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