rogress false BEOR Calculator Print tem Sales-related and purchase-related transactions using periodic inventory system Instructions Chart of Accounts Journal Instructions The following were selected trom among the tansactons completed by Babcock Company during November of the curent year Nov 3 Purchased merchandise on account tom Moonlight Co, ist price $85,000, trade dscount 25 %, terms FOB destination, 2/10 n/30 Sold merchandse for cash, $37 680 The cost of the merchandse soid was $22.600 Purchased merchandise on account rom Papcese Creek Co $47500, tems FO8 shicping point 5 2/10, n/30, with prepaid freght of $810 added to the invoice Returned $13.500 ($18.000 list price less trade discount of 25%) of merchandise purchased on November 3 trom Moonight Co Sold merchandise on account to Cuinn Co, $15,600 with tems 15, The cost of the merchandise sold was $9 400. 13 Paid Moonlignt Co on account for purchase of November 3, ess retum of Novembeer6 14 Sold merchandise an VISA $236,000 The cost of the merchandse sold was $140,000 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 $56.900, terms tr10, n/30 The cost of the merchandse sold was $34,000 Paid VISA service fee of $3,540 28 30 Paid Quinn Co a cash refunid of S6.000 for returmed merchandise from sale of November 8 The cost of the retumed merchandise was $3,300 Journalze the entries to record the transactions of Baocock Company r November using the periode nventory aytem Refer to the Chart of Accounts for eract wordng of account e Chart of Accounts Ser and Fa Gemetlioe AA42a Check My Work All work saveed logod Pause Journal Journalize the entries to record the transactions of Babcock Company for November uing the perodic nvenory system Aefer to the Chart of Accounts for exact wording of account tes JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POSTRE CD ASETS LAKITES tQuTY 7 10 11 12 13 14 15 16 17 18 19 Check My Work All work saved 10 11 12 13 14 15 16 17 18 19 27 23 24 25 26