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., list price $89,000, trade discount 25%, termsFOB destination, 2/10, n/30.4.Sold merchandise for cash, $37,840. The cost of the merchandise sold was $24,500.5.Purchased merchandise on account from Papoose Creek Co., $48,000, termsFOB shipping point, 2/10, n/30, with prepaid freight of $830 added to theinvoice.6.Returned $13,500 ($18,000 list price lesstrade discountof 25%) of merchandise purchased on November 3 from Moonlight Co.8.Sold merchandise on account to Quinn Co., $16,540 with terms n/15. The cost of the merchandise sold was $9,870.13.Paid Moonlight Co. on account for purchase of November 3, less return of November 6.14.Sold merchandise on VISA, $253,000. The cost of the merchandise sold was $139,710.15.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., $54,400, terms 1/10, n/30. The cost of the merchandise sold was $36,770.28.Paid VISA service fee of $3,640.30.Paid Quinn Co. a cash refund of $1,400 for damaged merchandise from sale of November 8. Quinn Co. kept the merchandise.

Required:

Journalize the transactions. If an amount box does not require an entry, leave it blank.