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pls show this in expanded accounting equation chart Toons Wholesale has the following transactions during the month of August 2021: Aug. 1 Purchased inventory from
pls show this in expanded accounting equation chart Toons Wholesale has the following transactions during the month of August 2021: Aug. 1 Purchased inventory from Bugs Inc. for $14,000, FOB destination, terms 1/10 n/30. Aug. 2 The appropriate company paid $100 freight on the August 1 purchase. Aug. 6 Returned $4,000 worth of goods to Bugs as they were the wrong size. Aug. 7 Sold half of the remaining inventory purchased from Bugs to Daffy Inc. for $7,500, FOB destination, terms 2/20 n/30. Aug. 8 The appropriate company paid $120 freight on the August 7 sale. Aug. 10 Paid Bugs the entire amount owed to him. Aug. 12 Purchased inventory worth $8,000 from Elmer Inc., FOB shipping point, terms 3/15 n/45 Aug. 13 The appropriate company paid $150 freight on the August 12 purchase Aug. 17 Sold half of the inventory purchased from Elmer to Porky Ltd. for $6.000. FOB shipping point, terms 3/10 n/20 Aug. 18 The appropriate company paid 580 freight on the August 17 sale Aug. 22 Porky returned $1.500 worth of the goods bought on August 17 as you shipped the wrong colour Aug. 25 Porky paid their outstanding balance Aug 30 Daffy paid their outstanding balance Aug 31 Paid Elmer the entire amount owed to him
pls show this in expanded accounting equation chart
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