Required information

$[$The following information applies to the questions displayed below.$]$

Home Hardware reported beginning inventory of $30$ shovels, for a total cost of $$240.$ The company had the following transactions during the month:

January $2$ Sold $9$ shovels on account at a selling price of $$9$ per unit.

January $16$ Sold $13$ shovels on account at a selling price of $$9$ per unit.

January $18$ Bought $5$ shovels on account at a cost of $$8$ per unit.

January $19$ Sold $13$ shovels on account at a selling price of $$9$ per unit.

January $24$ Bought $13$ shovels on account at a cost of $$8$ per unit.

January $31$ Counted inventory and determined that $12$ units were on hand.

Required:

Prepare the journal entries that would be recorded using a periodic inventory system. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

$1$

$2$

$3$

$4$

$5$

$6$

Sold $9$ shovels on account at a selling price of $$9$ per unit. Record the transaction.

Note: Enter debits before credits.

Date

General Journal

Deblt

Credit