Journalize the following transactions that occurred in September 2018 for Water Works, 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. Water Works 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.) Sep. 3: Purchased merchandise inventory on account from Sheldon Wholesalers, $4,500. Terms 2/15, n/EOM, FOB shipping point. Date Accounts Debit Credit Sep. 3 Sep. 4: Paid freight bill of $40 on September 3 purchase. Date Accounts Debit Credit Sep. 4 Choose from any list or enter any number in the input fields and then continue to the next question. ? Journalize the following transactions that occurred in September 2018 for Water Works, 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. Water Works 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.) Sep. 4: Purchase merchandise inventory for cash of $2,400. Date Accounts Debit Credit Sep.4 Sep. 6: Returned $500 of inventory from September 3 purchase. Date Accounts Debit Credit Sep. 6 Choose from any list or enter any number in the input fields and then continue to the next question. Journalize the following transactions that occurred in September 2018 for Water Works, 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. Water Works 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.) Sep. 8: Sold merchandise inventory to Herenda Company, $5,500, on account. Terms 1/15, n/35. Cost of goods, $2,420. Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step. Date Accounts Debit Credit Sep. 8 Now journalize the expense related to the September 8 saleCost of goods, $2,420. Date Accounts Debit Credit Sep. 8 Choose from any list or enter any number in the input fields and then continue to the next question. ? Journalize the following transactions that occurred in September 2018 for Water Works, 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. Water Works 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.) Now journalize the expense related to the September 8 sale-Cost of goods, $2,420. Date Accounts Debit Credit Sep. 8 Sep. 9: Purchased merchandise inventory on account from Tristan Wholesalers, $7,500. Terms 2/10, n/30, FOB destination. Date Accounts Debit Credit Sep. 9 Choose from any list or enter any number in the input fields and then continue to the next question. Journalize the following transactions that occurred in September 2018 for Water Works, 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. Water Works 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.) Sep. 10: Made payment to Sheldon Wholesalers for goods purchased on September 3, less return and discount. Date Accounts Debit Credit Sep. 10 Sep. 12: Received payment from Herenda Company, less discount. Date Accounts Debit Credit Sep. 12 Choose from any list or enter any number in the input fields and then continue to the next question. Journalize the following transactions that occurred in September 2018 for Water Works, 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. Water Works 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.) Sep. 13. After negotiations, received a $400 allowance from Tristan Wholesalers. Date Accounts Debit Credit Sep. 13 Sep. 15: Sold merchandise inventory to Jesper Company, $2,900, on account. Terms n/EOM. Cost of goods, $1,189. Begin by preparing the entry to journalize the sale portion of the transaction. Do not record the expense related to the sale. We will do that in the following step. Date Accounts Debit Credit Sep. 15 Choose from any list or enter any number in the input fields and then continue to the next question. Journalize the following transactions that occurred in September 2018 for Water Works, 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. Water Works 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.) Now journalize the expense related to the September 15 sale-Cost of goods, $1,189. Date Accounts Debit Credit Sep. 15 Sep. 22: Made payment, less allowance, to Tristan Wholesalers for goods purchased on September 9. Date Accounts Debit Credit Sep. 22 Choose from any list or enter any number in the input fields and then continue to the next question. Journalize the following transactions that occurred in September 2018 for Water Works, 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. Water Works 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.) Sep. 23: Jesper Company returned $1,000 of the merchandise sold on September 15. Cost of goods, $410. Start by preparing the entry to record the refund and decrease to the receivable. Do not update the Merchandise Inventory with this entry. We will do that in the following step. Date Accounts Debit Credit Sep. 23 Now prepare the entry to update the Merchandise Inventory account for the cost of the returned merchandise Cost of goods returned, $410. Date Accounts Debit Credit Sep. 23 > Choose from any list or enter any number in the input fields and then continue to the next question. ? Journalize the following transactions that occurred in September 2018 for Water Works, 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. Water Works 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.) Sep. 25: Sold merchandise inventory to Smith for $1,500 on account that cost $555. Terms of 2/10, n/30 was offered, FOB shipping point. As a courtesy to Smith, $70 of freight was added to the invoice for which cash was paid by Water Works. Begin by preparing a compound journal entry to journalize the sale and the full amount of the receivable from this transaction. Do not record the expense related to the sale. We will do that in the following step. (Prepare a compound journal entry.) Date Accounts Debit Credit Sep. 25 Now journalize the expense related to the September 25 saleCost of goods, $555. Date Accounts Debit Credit Sep. 25 Choose from any list or enter any number in the input fields and then continue to the next question. Journalize the following transactions that occurred in September 2018 for Water Works, 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. Water Works 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.) Sep. 29: Received payment from Smith, less discount. Date Accounts Debit Credit Sep. 29 Sep. 30: Received payment from Jesper Company, less return. Date Accounts Debit Credit Sep. 30 Choose from any list or enter any number in the input fields and then continue to the next question. o More Info Journalize the following transactions that occurred in September 2018 for name. Water Works estimates sales returns at the end of each month. ( (Click the icon to view the transactions.) ccounts payable and accounts receivable with the vendor or customer net amount.) Sep. 29: Received payment from Smith, less discount Sep. 3 Date Accounts Sep.4 Sep. 29 Sep.4 Sep. 6 Purchased merchandise inventory on account from Sheldon Wholesalers, $4,500. Terms 2/15, n/EOM, FOB shipping point. Paid freight bill of $40 on September 3 purchase. Purchase merchandise inventory for cash of $2,400. Returned $500 of inventory from September 3 purchase. Sold merchandise inventory to Herenda Company, $5,500, on account. Terms 1/15, n/35. Cost of goods, $2,420. Purchased merchandise inventory on account from Tristan Wholesalers, $7,500. Terms 2/10, n/30, FOB destination Made payment to Sheldon Wholesalers for goods purchased on September 3, less return and discount. Sep. 8 Sep. 9 Sep. 30: Received payment from Jesper Company, less return. Date Accounts Sep. 10 Sep. 12 Sep. 30 Sep. 13 Received payment from Herenda Company, less discount. After negotiations, received a $400 allowance from Tristan Wholesalers. Sold merchandise inventory to Jesper Company, $2,900, on account. Terms n/EOM. Cost of goods, $1,189. Made payment, less allowance, to Tristan Wholesalers for goods purchased on Sentemberg Sep. 15 Sen 22 Choose from any list or enter any number in the input fields and then Print Done ? o More Info Journalize the following transactions that occurred in September 2018 for name. Water Works estimates sales returns at the end of each month. C (Click the icon to view the transactions.) ccounts payable and accounts receivable with the vendor or customer net amount.) Sep. 29: Received payment from Smith, less discount. Sep. 9 Purchased merchandise inventory on account from Tristan Wholesalers, $7,500. Terms 2/10, n/30, FOB destination. Made payment to Sheldon Wholesalers for goods purchased on September 3, less return and discount. Date Accounts Sep. 10 Sep. 29 Sep. 12 Sep. 13 Sep. 15 Sep. 30: Received payment from Jesper Company, less return. Sep. 22 Received payment from Herenda Company, less discount. After negotiations, received a $400 allowance from Tristan Wholesalers. Sold merchandise inventory to Jesper Company, $2,900, on account. Terms n/EOM. Cost of goods, $1,189 Made payment, less allowance, to Tristan Wholesalers for goods purchased on September 9. Jesper Company returned $1,000 of the merchandise sold on September 15. Cost of goods, $410. Sold merchandise inventory to Smith for $1,500 on account that cost $555. Terms of 2/10, n/30 was offered, FOB shipping point. As a courtesy to Smith, $70 of freight was added to the invoice for which cash was paid by Water Works. Received payment from Smith, less discount. Received payment from Jesper Company, less return. Date Accounts Sep. 23 Sep. 30 Sep. 25 Sep. 29 Sep. 30 Choose from any list or enter any number in the input fields and then Print Done ? Done