QUESTION 22 During the month of October Me D's Bicycle Store had the following transactions occured Oct Purchased 10 bicycles for $600 each on account, terms 2/10, 1/30 7 Purchases returns of $400 defective bicycles 8 Paid freight-in cost of $80 cash. 9 Sold S bicycles to Team USA for S1000 each, terms 2/10, 1/30. 10 Paid cash for purchase of bicycles on 3rd October Prepare the journal entries to record the transactions, assuming the company uses a periodic inventory system. Instructions Paragraph Arial 3 (12pt) * DOO T T Sx Mashups - T6 WTML CSS Path:p ACTION