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Junker's Stash model shown below During 2018 Junker's Stash experienced the ollowing business events started the 2016 accounting pariod with the balances given in the

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Junker's Stash model shown below During 2018 Junker's Stash experienced the ollowing business events started the 2016 accounting pariod with the balances given in the financial stalements 1. Paid cash to purchase $78,000 of merchandise Inventory 3b. Recognized $45,900 of cost of goods sokd 4a. Junkers Stash oustomersretumed merdhandise hawas soild for $2,260 5. The merchandse in Event 3a was sold to cuntomers FOB destination Freight costs of $1,730 were peid incash by the 'esporsele ta. The customers paid for the merchandise sold in Event 3a within the dscount perlod Recognieed he n the accounts 7. Paid cash of $7,060 for selling and administrative expenses 8. Bold the land for $9,500 cash the above trensactions in a fnancial atements model. The ist Cash Flow Financial Statements Model Event Cash 3 K

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