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Purchased merchandise inventory on account from Shield Wholesalers, $4,000. Terms Sep. 3 1/15, n/EOM, FOB shipping point. Sep. 4 Paid freight bill of $60 on

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Purchased merchandise inventory on account from Shield Wholesalers, $4,000. Terms Sep. 3 1/15, n/EOM, FOB shipping point. Sep. 4 Paid freight bill of $60 on September 3 purchase. Sep. 4 Purchase merchandise inventory for cash of $2,100. Sep. 6 Returned $800 of inventory from September 3 purchase. Sold merchandise inventory to Herenda Company, $6,300, on account. Terms 2/15, Sep. 8n/35. Cost of goods, $2,772. Purchased merchandise inventory on account from Thomas Wholesalers, $10,500. Sep. 9 Terms 2/10, n/30, FOB destination. Sep. 10 and discoument to Shield Wholesalers for goods purchased on September 3 , less return Sep. 12 Received payment from Herenda Company, less discount. Sep. 13 After negotiationj, received a $300 allowance from Thomas Wholesalers. Sold merchandise inventory to Jex Company, $3,000, on account. Terms n/EOM. Cost of Sep. 15 goods, $1,230. Sep. 22 September 9. Jex Company returned $600 of the merchandise sold on September 15. Cost of goods, Sep. 23$246. Sold merchandise inventory to Salter for $1,200 on account that cost $480. Terms of 2/10,n/30 was offered, FOB shipping point. As a courtesy to Salter, $50 of freight was Sep. 25 added to the invoice for which cash was paid by Faucet. Sep. 29 Received payment from Salter, less discount. Sep. 30 Received payment from Jex Company, less return. Journalize the following transactions that occurred in Soptember 2018 for Faucet, assuming the perpetual invertory syatem is being used. No expianations are needed. Identify each accourts entries, Assume the companty records sales. Click the licon to view the transactions.) Sep. 9: Purchased merchandise irwentory on account from Thoenas Wholesalers, \$10,500. Terms 2/10, n30, FOB destination. SeD. 10: Made payment to Sheld Wholesalers for goods purchased on September 3, less retum and discount

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