Sale merchandise transactions perpetual LO3 Journalize each of the following transactions assuming a perpetual inventory system merchandise to 2/10, /30 14 Collect the amount owing to 16 Sold merchandise $1.500 to Donais \$1,800, 2/10 25 Collected the amount owing tho saloto picadlo onscount

Week_12_sale_of_Merchandising Q5 questions(3) (Protected View) Werd References Mailings Review View Help Tell me what you want to do et canonin viruses. Unless you need to edit, it's safer to stay in Protected View Enable Editing QS 5-9Sale of merchandise: trade discount-perpetual LO3 As a co-op student, you are working as an accounts receivable clerk at Asian Foods. The controller asks you to record a customer payment from Liu and Li Co. The sales invoice is dated October 1, 2017 for $3,000 of tea and tapioca pearls. The payment terms are 4/20, 1/60 Determine the beginning and end date of the discount period. b. Calculate the discount amount available c If today is October 20, record the journal entry d. If today is October 23, record the journal entry OS 5-10Sale of merchandise transactions perpetual L03 Journalize each of the following transactions assuming a perpetual inventory system Sept So che tor for $6.000 (COSE Of $4.200 to 3/10, 1/30 14 Corected the amount owing regarding the September 1 so to onar. 15 Sold merchandise costing $1.500 to Dennis Lov for 51 800 torms 2/10, 1/30 25 Collected the amount owing from the September 15 said to Dennis Laval, loss the applicable discount a OS 5-11Sale of merchandises allowance-perpetual LO3 Journalize each of the following transactions assuming a perpetual inventory system. 515 Sold merchandise to Lose Garth for 100 cost of sales 5600 torms 1/5, 1/20 16 $100 crort memo to Los Garth regarding an allowance on the October 15 sale 25 Corected the amount owing rogarding the October 15 sao to Lose Garn oss the word of October 16 7 OS 5-12Sale of merchandise: return-perpetual LO3 Prepare journal entries to record each of the following transactions of a merchandising company. Show any supporting calculations Assume a perpetual inventory system Sorristor 2.000. arting the actomer of 2/10, TOM Costa SL 400 Thonomor in the Asian Noved credit for the chosen Carmed Dont the mountdown to the tale, honda