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Most of it is already complete. Need help with october 5th, october 13th (both) , october 14th. On October 1, the Sunland Bicycle Store badan

Most of it is already complete. Need help with october 5th, october 13th (both) , october 14th. image text in transcribed
On October 1, the Sunland Bicycle Store badan lewentory of 26 tensored blyes at a cost of $100 ah During the month of Octobe the following transactions occurred. Assume Sunlandse perpetual inventory system Oct 4 Purchased 199 bicycles at a cost of $150 eachfrom the Nixon Bicycle Company terms 2/106/30 5 Pald freight of $1.000 on the October 4 purchase 6 Sold 16 bicycles from the October 1 inventory to Team America for $290 each terms 2/10, 1/30 7 Received credit from the Nineycle Company for the return of 27 defective bicycles 13 Issued a credit memoto Team America for the returnat a defective byche. 14 Psd Non Bicycle Company to fall less diacount. Prepore the journal entries to record the transactions assuming the company uses a perpetual inventory wstem. Credit account cre automaty Indented when the amounts entered Do noindent manually Rounderstoodtime 2.520. Record Jound entries in the onder presented in the problem Date Account Titles and Explanation Debit Credit 29.050 Accounts Payable 29.850 Octs Pre-Out 1000 1000 Okt 4 Accounce 4,440 Sales 4540 To record credit ale) Oct Cost of Gotha 2.560 Inventory 2500 (To record cost of good sold) Oct AP 4,050 DIO II DONO DI DODDI 100008: 00 di 100 ry 2010 Oct 13 Read Alone Accette (To record credit granted for returned goods) Octy Inter Cold (To record cost of good remed) DE 14 Accm 25. Cal 2531

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