On November 1, Robinhood Footwear Limited started Footwear Business. The company uses a periodic inventory system. During November, the following transactions and events occurred. (If your answer comes in decimal, round it up to the nearest integer value)

Instructions: Journalize the transactions in the following table for the month of November for Robinhood Footwear Limited using a periodic inventory system. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

November 5 Purchased merchandise for cash $1200 from Topford Co. The buyer also made a cash payment of $260 for the freight on this date.

Account to be debited is (higher of the two amount)

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Account to be debited is (lower of the two amount)

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Account to be credited is

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November 10 Received refund for poor quality merchandise from supplier on cash purchase $320.

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November 14 Sold merchandise on account $4300, terms 1/10, n/30. The cost of the merchandise sold was 3500.

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Account to be credited is?

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