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Record the October transactions. Rist all debit entries before credit entries. Credit occount titles are automatically indented when the amount is entered. Do not indent

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Record the October transactions. Rist all debit entries before credit entries. Credit occount titles are automatically indented when the amount is entered. Do not indent manuolly. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Round answers to 0 decimal places, es, 5,125. Record journal entries in the onder presented in the problem.) Question 6 of 7 7.14/10 Oct. 26 Cash Accounts Receivable Accounts Parable Cash Inventory Accounts Receivable Refund Liability Soles (To record sale of merchandise) Question 6 of 7 7.14/10 E Oct 26 Cost of Goods Sold Estimated Inventory Returns Inventory (To record cost of goods sold) Accounts Parable: firventory Accounts Prrable Canh Inventory At the beginning of the current ski season, on October 1.2024, the general ledger of the Riverbed Snowboard Shop Limited showed Cash $6,800; Inventory $21,400; Accounts Receivable $14,450; Common Shares $20,000; and Retained Earnings $22,650. The Riverbed Snowboard Shop uses a perpetual irventory system and experiences a return rate of 2%cn sales. The following transactions occurred in October: Oct. 3 Purchased snowboards, boots, and helmets on account from Mountain Gear Corp. for 58,700, terms 3/15, n/30, FOB shipping point. 4 Freight of $490 was paid by the appropriate party on the October 3 purchase from Mountain Gear. 9 Purchased jackets, trousers, thermal base and mid lavers, and other accessories on account from Thermals Sportswear for $3,500, terms 2/20,n/45, FOB destination. 12 Received a $400 credit from Mountain Gear for retumed merchandise. 14 Sold merchandise on account to customers for $11,200, terms N/30. The cost of the merehandise sold was $4,800. 16 Received payments on account from customers, $5,800. 17 Paid Mountain Gear in full. 26 Sold merchandise on account to customers for $14,300, terms n/30. The cost of the merchandise sold was $8,900. Question 6 of 7 (1) 7.14/10 Oct.12 - Accounts Parable 400 Imventory Oct 14 - Accounts Recervable Refund Liatility Sales (To record sale of merchandise) Oat 14 Cott ot Goods Sold Estinated imentory Returrs inventory 4 Freight of $490 was paid by the appropriate party on the October 3 purchase from Mountain Gear. 9 Purchased jackets, trousers, thermal base and mid layers, and other accessories on account from Thermals Sportswear for $3,500, terms 2/20,n/45, FOB destination. 12 Received a $400 credit from Mountain Gear for returned merchandise. 14 Sold merchandise on account to customers for $11,200, terms n/30. The cost of the merchandise sold was $4,800. 16 Received payments on account from customers, $5,800 17 Paid Mountain Gear in full. 26 Sold merchandise on account to customers for $14,300, terms n/30. The cost of the merchandise sold was $8,900. 28 Received a $350 credit from Thermals Sportswear for returned merchandise. 29 Paid Thermals Sportswear in full. 31 Received payments on account from customers, $8,650. Record the October transactions. Rist all debit entries before credit entries. Credit occount titles are automatically indented when the amount is entered. Do not indent manuolly. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Round answers to 0 decimal places, es, 5,125. Record journal entries in the onder presented in the problem.) Question 6 of 7 7.14/10 Oct. 26 Cash Accounts Receivable Accounts Parable Cash Inventory Accounts Receivable Refund Liability Soles (To record sale of merchandise) Question 6 of 7 7.14/10 E Oct 26 Cost of Goods Sold Estimated Inventory Returns Inventory (To record cost of goods sold) Accounts Parable: firventory Accounts Prrable Canh Inventory At the beginning of the current ski season, on October 1.2024, the general ledger of the Riverbed Snowboard Shop Limited showed Cash $6,800; Inventory $21,400; Accounts Receivable $14,450; Common Shares $20,000; and Retained Earnings $22,650. The Riverbed Snowboard Shop uses a perpetual irventory system and experiences a return rate of 2%cn sales. The following transactions occurred in October: Oct. 3 Purchased snowboards, boots, and helmets on account from Mountain Gear Corp. for 58,700, terms 3/15, n/30, FOB shipping point. 4 Freight of $490 was paid by the appropriate party on the October 3 purchase from Mountain Gear. 9 Purchased jackets, trousers, thermal base and mid lavers, and other accessories on account from Thermals Sportswear for $3,500, terms 2/20,n/45, FOB destination. 12 Received a $400 credit from Mountain Gear for retumed merchandise. 14 Sold merchandise on account to customers for $11,200, terms N/30. The cost of the merehandise sold was $4,800. 16 Received payments on account from customers, $5,800. 17 Paid Mountain Gear in full. 26 Sold merchandise on account to customers for $14,300, terms n/30. The cost of the merchandise sold was $8,900. Question 6 of 7 (1) 7.14/10 Oct.12 - Accounts Parable 400 Imventory Oct 14 - Accounts Recervable Refund Liatility Sales (To record sale of merchandise) Oat 14 Cott ot Goods Sold Estinated imentory Returrs inventory 4 Freight of $490 was paid by the appropriate party on the October 3 purchase from Mountain Gear. 9 Purchased jackets, trousers, thermal base and mid layers, and other accessories on account from Thermals Sportswear for $3,500, terms 2/20,n/45, FOB destination. 12 Received a $400 credit from Mountain Gear for returned merchandise. 14 Sold merchandise on account to customers for $11,200, terms n/30. The cost of the merchandise sold was $4,800. 16 Received payments on account from customers, $5,800 17 Paid Mountain Gear in full. 26 Sold merchandise on account to customers for $14,300, terms n/30. The cost of the merchandise sold was $8,900. 28 Received a $350 credit from Thermals Sportswear for returned merchandise. 29 Paid Thermals Sportswear in full. 31 Received payments on account from customers, $8,650

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