Sales-Related and Purchase Related Transactions Using Perpetual Inventory System The 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., Ilst price $77,000, trade discount 30%, terms Foo destination, 2/10, 1/30 4. Sold merchandise for cash, $36,750. The cost of the merchandise sold was $21.170. 5. Purchased merchandise on account from Papoose Creek Co, $17,000, terms Fostulpping point, 2/10, 1/30, with prepaid freight of $810 added to 6. Returned $12,600 ($18,000 ist price less trade discount of 30%) of merchandise purchased on November 3 from Moonlight Co. 8. Sold merchandise on account to Quinn Co$15,160 with terms /15. The cost of the merchandise sold was $9,920 1.3. paid Moonlight Co, on account for purchase of November 3, less return of November 6. 14. Sold merchandise on VISA, $256,040. The cost of the merchandise sold was $145,940. 15. Paid Popoose Creek Co, on account for purchase of November 5. 23 Received cash on account from sale of November to Quinn Co. 24. Sold merchandise on account to Rabel Co., 852,000, terms 1/10, 1/30. The cost of the merchandise sold was $31,500 28. Pod VISA service fee of $3,370. 30. Pald Quinn Co. a cash retund of $1,600 for damaged merchandise from sale of November 8. Quinn co, kept the merchandise Required: Journake the transactions. If an amount box does not require an entry, toave lt blank Nov. 3 Previous Next) Required: Journalize the transactions. If an amount box does not require an entry, leave it blank. Nov. 3 Nov. 4-sale Nov. 4-cost Nov. 5 Nov. 6 Nov. 8-sale Nov. 8-cost Nov. 13 18 Nov. 14-sale Nov. 14-cost Nov. 15 Nov. 23 Nov. 24-sale Nov. 24-cost Nov. 23 Nov. 24-sale Nov. 24-cost Nov. 28 III Nov. 30