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Lailadd Oct. 1 Purchased $1,800 of hair spray from Orbit Pro; terns 3/10, n/30, FOB shipping point. The appropriate party paid the shipping cost of
Lailadd Oct. 1 Purchased $1,800 of hair spray from Orbit Pro; terns 3/10, n/30, FOB shipping point. The appropriate party paid the shipping cost of $220. 5 Sold Shampoo costing $560 to Barber & Co. for a price of $800 with terms of 2/10, n/30, FOB shipping point. The appropriate party paid the shipping cost of $90. 7 Returned $700 of inventory to Orbit Pro due to an error in the October 1 order. 10 Paid Orbit Pro for the purchase on October 1. 14 Barber & Co. returned $140 of inventory from the sale on October 5. The inventory had a cost of $98. 22 Received the payment from Barber & Co. on the October 5 sale. 23 Purchased $2,400 of hair conditioner from Keratin Hair, terms 2/10, n/30, ron shipping point. The appropriate party paid the shipping cost of $400. 25 sold hair gel to Styling Room for an invoice price of $1,200, terms 2/10, 1/30, FOB destination. The hair gol had a cost of $840. The appropriate party paid the shipping cost of $200. 26 Paid for the purchase on October 23. 31 Received the paynent from Styling Room on the October 25 sale. Required: Record the journal entries for the month of October. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry descriptions are provided already in the journal entry worksheet.) View transaction lit Journal entry worksheet
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