required ledger inventory, cost of goods sold

and sale journal

6.1C. The following transactions occurred for Lodge Co. of St. Albert for the month of July: 2022 July 2 Sold merchandise to Joan Timkins Co. on account, $1,600, invoice No. 115, terms: net 30 days. Cost of inventory was $1,120. 5 Sold merchandise to Chris Cowan Co. on account, $825, invoice No. 116, terms: net 30 days. Cost of inventory was $577.50. 9 Sold merchandise to Cross \& Co. on account, $1,950, invoice No. 117, terms: net 30 days. Cost of inventory was $1,365. 12 Issued credit memorandum No. 1 to Joan Timkins Co. for $400 worth of merchandise returned because of faulty colouring match. Cost of inventory being returned is $280. 15 Sold merchandise to Chris Cowan Co. on account, \$925, invoice No. 118, terms: net 30 days. Cost of Inventory was $647.50. 19 Sold merchandise to Cross \& Co. on account, \$930, invoice No. 119 , terms: net 30 days. Cost of inventory was $651. 23 Sold merchandise to Joan Timkins Co. on account, $2,025, invoice No. 120, terms: net 30 days. Cost of inventory was $1,417.50. SALES JOURNAL PAGE 1