Read the requirements. Cash Accounts Payable Sales Revenue Bal. 395,000 O Bal. 2,514,410 Bal. Accounts Receivable Darbys, Capital Cost of Goods Sold Bal. 365,100 Bal. Bal. 1,025,000 Oct. 12 50,500 Oct. 15 5,000 135,000 Oct. 28 Nov. 1 20,500 Nov. 15 17,500 89,500 Nov. 18 Dec. 27 125,500 365,100 Bal. Bal. 1,468,500 Date Accounts and Explanation Debit Credit Oct. 1 Merchandise Inventory 269,000 Accounts Payable 269,000 Purchased inventory on account. Oct. 12 Accounts ReceivableHarmony 145,530 Sales Revenue 145,530 Sales on account. Oct. 12 Cost of Goods Sold 50,500 50,500 Merchandise Inventory Recorded the cost of goods sold. Oct. 15 Accounts ReceivableDacula 7,840 Sales Revenue 7,840 Sales on account. Oct. 15 Cost of Goods Sold 5,000 Merchandise Inventory 5,000 Recorded the cost of goods sold. Oct. 20 Cash 145,530 Accounts Receivable-Harmony 145,530 Collected cash on account. Oct. 23 Cash 7,840 Accounts ReceivableDacula 7,840 Oct. 28 Accounts ReceivableTurnpike 332,640 Sales Revenue 332,640 Sales on account. Oct. 28 Cost of Goods Sold 135,000 Merchandise Inventory 135,000 Recorded the cost of goods sold. Oct. 30 Accounts Payable 269,000 Cash 269,000 Paid amount due on account. Oct. 31 Salaries Expense-Selling Salaries ExpenseAdministrative 21,000 14,000 Cash 35,000 Paid cash expenses. Oct. 31 1,320 Utilities Expense-Selling Utilities ExpenseAdministrative 880 Cash 2,200 Paid cash expenses. Nov. 1 Accounts ReceivableDacula 34,144 Sales Revenue 34,144 Sales on account. Nov. 1 Cost of Goods Sold 20,500 Nov. 1 Cost of Goods Sold 20,500 20,500 Merchandise Inventory Recorded the cost of goods sold. Nov. 5 Merchandise Inventory 459,500 459,500 Accounts Payable Purchased inventory on account. Nov. 5 Cash 332,640 Accounts Receivable-Turnpike 332,640 Collected cash on account. Nov. 8 Cash 34,144 Accounts ReceivableDacula 34,144 Collected cash on account. Nov. 10 Office Supplies 420 Warehouse Supplies 650 Cash 1,070 Paid cash expenses. Nov. 15 Accounts Receivable-Walker 40,000 Sales Revenue 40,000 Sales on account. Nov. 15 Cost of Goods Sold 17,500 Merchandise Inventory 17,500 Nov. 15 Cost of Goods Sold 17,500 Merchandise Inventory 17,500 Recorded the cost of goods sold. Nov. 18 Accounts ReceivablePlaza 218,148 Sales Revenue 218,148 Sales on account. Nov. 18 Cost of Goods Sold 89,500 Merchandise Inventory 89,500 Recorded the cost of goods sold. Cash Nov. 28 218,148 Accounts ReceivablePlaza 218,148 Collected cash on account. Nov. 30 21,000 Salaries Expense-Selling Salaries ExpenseAdministrative 14,000 Cash 35,000 Paid cash expenses. Nov. 30 1,488 Utilities ExpenseSelling Utilities Expense-Administrative 992 Cash 2,480 Paid cash expenses. Dec. 5 Accounts Payable 459,500 Cash 459,500 Paid amount due on account. Dec. 15 Cash 40,000 Accounts ReceivableWalker 40,000 Collected cash on account. Dec. 15 Darbys, Withdrawals 70,000 Cash 70,000 Owner withdrawal. Dec. 27 Accounts ReceivableHarmony 311,248 Sales Revenue 311,248 Sales on account. Dec. 27 Cost of Goods Sold 125,500 Merchandise Inventory 125,500 Dec. 31 Recorded the cost of goods sold. Salaries ExpenseSelling Salaries ExpenseAdministrative 21,000 14,000 Cash 35,000 Paid cash expenses. Dec. 31 2,160 Utilities ExpenseSelling Utilities ExpenseAdministrative 1,440 Cash 3,600