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Limitless Sports Ltd. distributes limited edition sports shoes to retail stores. During the month of August, the following merchandising transactions occurred. PURCHASE INVOICE Form 1
Limitless Sports Ltd. distributes limited edition sports shoes to retail stores. During the month of August, the following merchandising transactions occurred. PURCHASE INVOICE Form 1 Nick Sports 27 Peachtree Drive, Atlanta, GA 30303 Sold To: Limitless Sports Ltd. Date: 1 August 2020 Invoice No: 7134 2248 Sunrise Towers Minot, ND 58701 Terms: 2/10, n/30 Quantity Unit Cost Amount Description Limited edition Shoes 2020 10 1,200.00 12,000.00 Total 12,000.00 Customer Copy CREDIT MEMO Form 2 Nick Sports 27 Peachtree Drive, Atlanta, GA 30303 Sold To: Date: 3 August 2020 Limitless Sports Ltd. 2248 Sunrise Towers Minot, ND 58701 Invoice No: CM7134 Terms: 2/10, n/30 Quantity Unit Cost Amount Description Limited edition Shoes 2020 1 Total Customer Copy PURCHASE INVOICE Form 3 Fast Manufacturers 148 Roosevelt Parkway Minot, ND 58701 Sold To: Limitless Sports Ltd. Date: 5 August 2020 Invoice No: 5890 2248 Sunrise Towers Minot, ND 58701 Terms: 1/10, n/60 Quantity Unit Cost Amount Description Limited edition Shoes V2020 10 1,000.00 10 Limited edition Shoes U2020 600.00 10,000.00 6,000.00 16,000.00 Total Customer Copy SALES INVOICE Form 4 LIMITLESS SPORTS LTD. Sold To: 2248 Sunrise Towers, Minot, ND 58701 Trendy World Date: 7 August 2020 58 Edgewater Lane Invoice No: 5231 Minot, ND 58701 Terms: 3/15, n/30 Quantity Item Unit Cost Amount 9 Limited edition Shoes 2020 2,000.00 18,000.00 18,000.00 Total Cost of Merchandize Sold Thank you for your business Form 5 Limitless Sports Ltd. Interoffice Memo To: Bookkeeper Date: 10 August 2020 Issue Check Number 4413 to Nick Sports in payment of Invoice Number 7134 dated August 1. PURCHASE INVOICE Form 6 Fast Manufacturers 148 Roosevelt Parkway Minot, ND 58701 Sold To: Limitless Sports Ltd. 2248 Sunrise Towers Minot, ND 58701 Date: 15 August 2020 Invoice No: 5891 Terms: 1/10, n/60 Unit Cost Amount Quantity 20 Description Limited edition Shoes 2020 1,000.00 20,000.00 Total 20,000.00 Customer Copy Form 7 Trendy World 58 Edgewater Lane Minot, ND 58701 Check No. 5719 Pay to the order of Limitless Sports Ltd. Date: 19 August 2020 $ XXXXX Dollars XXXXXXXXXXXXXX ------------ Acct Dept Copy Queensland Bank Invoice Number 5231 dated 7 August 2020 SALES INVOICE Form 8 Sold To: LIMITLESS SPORTS LTD. 2248 Sunrise Towers, Minot, ND 58701 Elegant Sports Apparel Date: 19 August 2020 101 Lakeside Mal Minot, Invoice No: 5232 ND58701 Terms: 1/10, n/30 Quantity Item Unit Cost Amount 3 Limited edition Shoes V2020 1,300.00 3,900.00 2,700.00 3 Limited edition Shoes U2020 900.00 Total 6,600.00 Cost of Merchandize Sold Thank you for your business CREDIT MEMO Form 9 Sold To: LIMITLESS SPORTS LTD. 2248 Sunrise Towers, Minot, ND 58701 Elegant Sports Apparel Date: 21 August 2020 101 Lakeside Mal Minot, Invoice No: CM5232 ND58701 Terms: 1/10, n/30 Quantity Item Unit Cost Amount 3 Limited edition Shoes U2020 Total Cost of Merchandize Sold Thank you for your business Form 10 Limitless Sports Ltd. Interoffice Memo To: Bookkeeper Date: 23 August 2020 Issue Check Number 4415 to Fast Manufacturers in payment of Invoice Number 5890 dated August 5 and Invoice Number 5891 dated August 15. Form 11 Elegant Sports Apparel 101 Lakeside Mal Minot, ND58701 Check No. 0549 Date: 29 August 2020 Pay to the order of Limitless Sports Ltd. $ XXXXX XXXXXXXXXXXXXX ------------ Dollars Acct Dept Copy Queensland Bank Invoice Number 5232 dated 19 August 20, less credit memo OTHER BILL Form 12 SF COURIER SERVICE Bill To: Limitless Sports Ltd. Date: 31 August 2020 Invoice No: 23250 2248 Sunrise Towers Minot, ND 58701 Amount Description Transportation fee for August 2020 Autopay from the bank account ending 205 on 15 Sept 2020 1,500.00 Total: 1,500.00 Customer Copy Limitless Sports' chart of accounts includes the following: Cash, Accounts Receivable, Inventory, Accounts Payable, Sales Revenue, Sales Returns and Allowances, Sales Discounts, Cost of Goods Sold, Purchase discount taken, Transportation-in and Delivery Expense. Instructions Journalize the transactions for the month of August for Limitless Sports Ltd. using a perpetual inventory system. Sales and purchases are recorded using gross invoice price. (Transportation fees are evenly allocated to sales and purchase transactions)
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