Marshaldustrial Supply ches terms of 2/10 301 ts wholesale customers Marshall cost of goods solis 30% of sales The company had the fofowing transactions during October Cick the icon to the transactions Red the Requirement 1. Hoc Marshand the cast of Gods sold Claudia IS WE wid slides Ur guds sold is 30% of sales. The company had the follo ading the cost of goods sold entry for each sale. (Use the gross method to record the sales transacti from any journal entries.) account. Do not record the cost of goods sold entry yet. We will do that in the next step 1 More Info X October 1 Sold $8,000 of merchandise to Pez Co. on account. October 3 Sold $1,000 of merchandise to Omaha Corporation, who paid by credit card. The credit card company charges Marshall a fee of 2% on credit card sales. October 7 Sold $32,000 of merchandise to Magnolia Company on account. October 8 Pez paid the balance of what it owed for the purchase on October 1 October 12 Sold $17,000 of merchandise to Wexler Enterprises on account October 16 Magnolia paid the balance of what it owed for the purchase on October 7 October 31 Wexler paid the balance of what it owed for the purchase on October 12 Print Done 2020 (Late Start)] is based on Thomas/Tietz: Financial Accounting. 12e Bucation Inc. All Rights Reserved