progress=false 04 MTH 136-001 Spri h Hulu | Home Netflix Apply for Financia Cengage VitalSource Books.. Reading List Book Sales-Related and Purchase-Related Transactions Using Periodic Inventory System The following were selected from among the transactions completed by Essex Company during July of the current year: July 3 Purchased merchandise on account from Hamling Co, list price $72,000, discount 15%, terma Foe shipping point, 2/10, n/30, with prepaid freight of $1,450 added to the invoice 5. Purchased merchandise on account from Kester Co., $33,450, terms FOB destination, 2/10, 1/30 6. Sold merchandise on account to Parsley Co., $36,000, terms n/15. The cost of the merchandise sold was $25,000. 7. Returned $6,850 of merchandise purchased on July 5 from Kester Co. 13. Paid Hamling Cis an account for purchase of July 3 15 Pad Kester Co. on account for purchase of July 5, less return of July 3, 21 Meomved cash on account from sals of July 6 to Parsley Co. 21. Sold merchandise on MasterCard, $100,000. The cost of the merchandise sold was $64,800 22. Sold merchandise on account to Taber Co., $16.650, terms 2/10, 30. The cost of the merchandise sold was $10,000 23. Sold merchandise for rash, 391.200. The cost of the merchande sold was $55,000 2. Paid any cash refund of $3,500 rsdamaged merchandise from sale of July 6 Parsley C kept the marthand 31. Paid MasterCard fee of $1,650 eBook VitalSource Books... Journalize the entries to record the transactions of Essex Company for July using the periodic inventory system. If an amount box does not require an entry, leave t blank. July 3 July 5 July 6 July 2 July 13 July 15 10 000 Reading List eBook July 15 July 21 July 21 July 22 July 23 29 Apply for Financia... Cengage VitalSource Books Reading List eBook Cengage VitalSource Books. Reading List Sales-Related and Purchase-Related Transactions Using Periodic Inventory System The following were selected from among the transactions completed by Essex Company during July of the current year July 3. Purchased merchandise on account from Hamling Co., list price $72,000, trade discount 15%, terms FOB shipping point. 2/10, n/30, with prepaid freight of $1,450 added to the invoice. 5. Purchased merchandise on account from Kester Co, $33,450, terms Fon destination, 2/10, 1/30 6. Sold merchandise on account to Parsley Co., $36,000, terms n/15, The cost of the merchandise sold was $25,000. 7. Returned $6.850 of merchandise purchased on July 5 from Kester Co 13. Paid Haming Co. on account for purchase of July 3 15. Paid Kester Co. on account for purchase of July 5, less return of July 7 21. Received cash on account from sale of July 6 to Panley Co 21. Sold merchandise on MasterCard, $100,000. The cost of the merchandise sold was $64,000. 22. Sold merchandise on account to Tabor Co., $16,650, terms 2/10, n/30. The cost of the merchandise said was $10,000. 23. Sold merchandise for cash, $91,200. The cost of the merchandise was $55,000 2 Paid Parsity Co. cash refund of $2,500 for damaged merchandise from sale of Judy & Parsley Cept the merchandise. 31 Paid MasterCand service fee of $1,650 Required eBook Journalize the entries to record the transactions of Essex Company for July using the periodic inventory system. If an amount box does not require an entry, leave blank July 31 July 5 July 6 July 7 July 13 July 15 100 000 0 00 00 000 Reading List eBook July 15 July 21 July 21 July 22 July 23 July 2 July 31 11 11 111 B Reac