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Please fill in the missing accounts with debit and credit number asap. I will upvote! Selected transactions follow for Pukalani Sports Ltd. during the company's
Please fill in the missing accounts with debit and credit number asap. I will upvote!
Selected transactions follow for Pukalani Sports Ltd. during the company's first month of business. The company expects a return rate of 8% and uses a perpetual inventory system. Feb. 2 Sold $1,145 of merchandise to Andrew Noren on account, terms n/30. The goods had cost Pukalani $763. 4 Andrew Noren returned for credit $140 of the merchandise purchased on February 2 . The goods had cost Pukalani $84 and they were returned to imventory. 5 Sold $754 of merchandise to Dong Corporation on account, terms n/30. The goods had cost Pukalani $491. 8 Sold $835 of merchandise to Michael Collins for cash. The goods had cost Pukalani $623. 10 Sold $929 of merchandise to Rafik Kuril on account, terms n/30. The goods had cost Pukalani \$684. 22 Dong Corporation paid its account in full: 24 Andrew Noren purchased an additional $697 of merchandise on account, term5 n/30. The goods had cost Pukalani $407. 27 Sold $1,741 of merchandise to Batstone Corporation, terms n/30. The goods had cost Pukalani \$1,112. 28 Andrew Noren paid \$1,005 on account. Feh.24 Cost of Goods Sold Estimated imventory Returns Inventory (To record cost of goods sold) Fet. 27 Accounts Recelvable Sales Befund Lability (To record sales) Feb. 27 Cost of Goods Sold Estimated Inventory Return Inventory (To recicord cost of goods sold) Feb. 10 Cost of Goods 5oid Estimated Inventory Returm imentory (To record cost of goods sold) Feb. 22= Feb. 24 Accounts fecelvable Ssien sefund tlability (To record sates) Fibe:24 Cost at Cood Sold Soles (To record sales) Feb. 8 Cost of Goods Sold Estimated Inwentory Returns Inventory (To record cost of goods sold) Feb. 10 Accounts Receivable Sales [To record sales] Feb. 4 (To record cost of goods returned) Feb. 5 Accounts Reccivable Sales Refund tiability (To record sales) Feb. 5 Cost of Goods Sold Estimated Imventory Returns Imentory (To record cost of goods sold) 5.275.) Date Account Titles and Explanation Debit Credit Feb,2 Accounts Recelvable 1145 Sales Refund Liability (To record sales) Feb. 2 Cost of Goods Sold Estimated Inventory Returns Inventory (To record cost of goods sold) Feb.4 Refund Latility Accounts Roceivable Step by Step Solution
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