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Prepare General Journal entries to record the following periodic system merchandising transactions for Safety Merchandising. Use a separate account for each receivable and payable: (Round

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Prepare General Journal entries to record the following periodic system merchandising transactions for Safety Merchandising. Use a separate account for each receivable and payable: (Round your answers to the 2 decimal places.) October 1 Purchased merchandise from Zeon Company on credit, terns 1/10, 1/30, $14,800. 2 Sold merchandise for cash, $1,600. 7 Purchased merchandise on credit from Billing Co., terns 2/10, n/30, $10,600, POD the seller's factory. 7 Paid $350 cash for freight charges on the merchandise shipment of the previous transaction. 8 Purchased delivery equipment from Finlay Supplies on credit, $14,000. 12 Sold merchandise on credit to Conry Holdings, terms 3/15, 2/30, n/60, $4,800. 13 received a $1.000 credit nemo for merchandise purchased on October 7 and returned for credit. 13 Purchased office supplies on credit from Staples, $520, 1/30. 15 Sold merchandise on credit to Ton Willis, terme 1/10, 1/30, 1/60, $4,150. 15 Paid for the merchandise purchased on October 7. 16 Received a credit memo for unsatisfactory office supplies purchased on October 13 and returned. $110. 19 Issued a $320 credit memo to the customer who purchased merchandise on October 15 and returned a portion for credit. 25 Received payment for the merchandise sold on October 15. 29 The customer of October 12 paid for the purchase of that date. 31 Paid for the merchandise purchased on October 1. Answer is not complete. No Date 1 October 01 General Journal Purchases Accounts payable - Zeon Company Debit Credit 14,800.00 14,800.00 N October 02 Cash 1,600.00 Sales 1,600.00 3 October 07 Purchases Accounts payable-Billings Company 10,600.00 >> 10,600.00 4 October 07 Transportation-in Cash 350.00 . 350.00 5 October 0B Delivery equipment Accounts payable - Finlay supplies 14,000.00 lo 14,000.00 6 October 12 Accounts receivable- Comry Holdings 4,800.00 SIS Sales 4,800.00 7 October 13 > 1,000.00 Accounts payable - Billings Company Purchase returns and allowances 1,000.00 8 October 13 520.00 Office supplies Accounts Payable - Staples 520.00 > B 8 October 13 Office Supplies Accounts Payable - Staples 520.00 > 520.00 9 October 15 Accounts receivable -- Tom Willis Sales > 4,150.00 4,150.00 10 October 15 Accounts payable -- Billings Company Cash Purchase discounts 11 October 16 Accounts Payable --Staples Office supplies 110.00 O 110.00 12 October 19 Sales retums and allowances Accounts receivable - Tom Willis 320.00 olo 320.00 13 October 25 Cash Sales discounts Accounts receivable - Tom Willis 14 October 29 Cash Sales discounts Accounts receivable-Comry Holdings 4,800.00 15 October 31 14,800.00 Accounts payable --- Zeon Company Cash 14,800.00

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