Required:

Journalize the transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.

he following were selected from among the transactions completed by Harrison Company during November of the current year Nov. 3 Purchased merchandise on account from Moonlight Co., list price $88,000, trade discount 20%, terms FOB destination, 2/10, n/30. 4 Sold merchandise for cash, $41,250. The cost of the merchandise sold was $22,250. 5 Purchased merchandise on account from Papoose Creek Co., $43,700, terms FOB shipping point, 2/10,n/30, with prepaid freight of $840 added to the invoice. 6 Returned $13,600($17,000 list price less trade discount of 20%) of merchandise purchased on November 3 from Moonlight Co. 8 Sold merchandise on account to Quinn Co., $16,100 with terms n/15. The cost of the merchandise sold was $9,440. 13 Paid Moonlight Co. on account for purchase of November 3, less return of November 6. 14 Sold merchandise on VISA, $226,120. The cost of the merchandise sold was $135,430. 15 Paid Papoose Creek Co. on account for purchase of November 5. 23 Received cash on account from sale of November 8 to Quinn Co. 24 Sold merchandise on account to Rabel Co., $60,700, terms 1/10,n/30. The cost of the merchandise sold was $33,120. 28 Paid VISA service fee of $3,580. 30 Paid Quinn Co. a cash refund of $1,730 for damaged merchandise from sale of November 8 . Quinn Co. kept the merchandise