Parts 3,4,5(1) - Saved to this PC Search Jacob Meenc Layout References Mailings Review View Add-ins Help A A E AL 12 - A A ab X, X A l Normal No Spac... Heading 1 Heading 2 Title A EEEEE Font Paragraph Styles Part Journalizing purchase and sale transactions, making closing entries, preparing financial statements, and computing the gross profit percentage Hudson Cleaning has decided that, in addition to providing cleaning services, it will sell cleaning products. Hudson Cleaning uses the perpetual inventory system. During December 2018, Hudson Cleaning completed the following transactions: Dec 2. Purchased 600 units of inventory for $3,600 on account from Sparkle, Co. on terms, 3/10, n/20 5. Purchased 400 units of inventory from Borax on account with terms 4/5, 1/30. The total invoice was for $3,200, which included a $200 freight charge. 7. Returned 100 units of inventory to Sparkle from the December 2 purchase (cost $600). 9. Paid Borax 11. Sold 350 units if goods to Happy Maids for $4,900 on account with terms 5/10, n/30. Hudson Cleaning's cost of goods was $2,100 12. Paid Sparkle 15. Received 30 units with a retail price of $420 of goods back from customer Happy Maids. The goods cost Hudson Cleaning $180 21. Received payment from Happy Maids, settling the amount due in full. 28. Sold 200 units of goods to Bridget, Inc. for cash of $3.000 (cost S1,144 $1,500). 29. Paid cash for utilities $350 30. paid cash for Sales Commission Expense of $225 31. Record the following adjustment entries: a. Physical count of inventory on December 31 showed 250 380 units of goods on hand, $2.541 b. Depreciation, $170 c. Accrued salaries expense of S700 d. Prepared all other adjustments necessary for December (Hint: You will need to review the adjustment information in Chapter 3 to determine the remaining adjustments). Assume the cleaning supplies left at December 31 are $50. Focus United States FUJITSU talmen Num F12 F10 Insert