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Oct. 12 Record journal entries for the following sales transactions of Flower Company. Sold 30 bushels of flowers to a customer for $1,100 cash: cost

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Oct. 12 Record journal entries for the following sales transactions of Flower Company. Sold 30 bushels of flowers to a customer for $1,100 cash: cost of sale $620 Oct. 21 Sold 60 bushels of flowers for $30 per bushel on credit. Terms of the sale are 4/10, 1/30, invoice dated October 21. Cost per bushells $9 to Flower Company Oct. 31 Received payment in full from the October 21 sale. If an amount box does not require an entry, leave it blank. Assume the perpetual inventory system is used. Oct. 12 Sale with cash Oct. 12 Cost of sale Oct. 21 Sale on Credit II II II II III II II II III Oct. 21 Cost of sale Oct. 31

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