journalize the October transactions in the sales, purchases and cash distribution journals. Assume all sales and purchases are on credit; items 2/10,n/30.under the assumption that the company keeps its records on a a weighted average basis, enter the beginning balance and post each transaction on an inventory sub ledger record. posting to other sub ledger is not required .

5 - Appendix 11 Seved The Williams Company sells a product called Mox Right for $15 each and uses a perpetual inventory system to account for its merchandise. The beginning balance of Mis-Rights and transactions during October 2020 were as follows: Oct 1 Balance: 104 units coating 55 each. 3 Purchased 119 units from Arnold Brothers costing -7.50 each 4 Returned 39 of the units purchased on October 3. 9 Sold 94 units to Kitchen Club, Invoice 6210. 15 Purchased 219 units from Arnold Brothers coating 58.10 each 18 Sold 188 units to Thorhild Co-op. imice 1211. 19 Paid for the October 3 purchase: cheque 1101 23 Paid for the October 15 purchase, cheque #102 24 Sold 69 units to Boyle Grocery. Invoice +212. 31 Purchased 94 units from Arnold Brothers coating 32.00 each. Required: Journalize the October transactions in the sales purchases and cash disbursements joumais. Assume all sales and purchases are on credit, terms 2/10,n/30. Under the assumption that the company keeps its records on a weighted average basis enter the beginning balances and post each transaction on an inventory subledger record. Posting to other subledgers is not required. (Enter the transactions in the order provided in the question. Round final answers to 2 decimal places WILLIAMS COMPANY Sales Journal Date (2020) Account Debited Invoice Number AIR DE Sales C COGS DE Merchandise Inventory Cr