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 $82,000, trade discount 20 , terms FOB destination, 2 10, n 30 4 Sold merchandise for cash, $36,170 The cost of the merchandise sold was $20,730 5 Purchased merchandise on account from Papoose Creek Co , $51,800, terms FOB shipping point, 2 10, n 30, with prepaid freight of $860 added to the invoice 6 Returned $13,600 ($17,000 list price less trade discount of 20 ) of merchandise purchased on November 3 from Moonlight Co 8 Sold merchandise on account to Quinn Co , $17,200 with terms n 15 The cost of the merchandise sold was $8,760 13 Paid Moonlight Co on account for purchase of November 3, less return of November 6 14 Sold merchandise on VISA, $255,510 The cost of the merchandise sold was $135,380 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 , $59,900, terms 1 10, n 30 The cost of the merchandise sold was $34,300 28 Paid VISA service fee of $3,600 30 Paid Quinn Co a cash refund of $1,550 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 Nov 3 Accounts Payable Moonlight Co Cost of Merchandise SoldDelivery ExpenseMerchandise InventorySales DiscountsMerchandise Inventory Merchandise Inventory Merchandise Inventory Accounts Payable Moonlight Co Cost of Merchandise SoldDelivery ExpenseMerchandise InventorySales DiscountsAccounts Payable Moonlight Co Accounts Payable Moonlight Co Accounts Payable Moonlight Co Nov 4 sale Accounts ReceivableCashMerchandise InventorySalesSales DiscountsCash Cash Cash Accounts ReceivableCashMerchandise InventorySalesSales DiscountsSales Sales Sales Nov 4 cost Accounts ReceivableCost of Merchandise SoldMerchandise InventorySales DiscountsSales Returns and AllowancesCost of Merchandise Sold Cost of Merchandise Sold Cost of Merchandise Sold Accounts ReceivableCost of Merchandise SoldMerchandise InventorySales DiscountsSales Returns and AllowancesMerchandise Inventory Merchandise Inventory Merchandise Inventory Nov 5 Accounts Payable Papoose Creek Co Cost of Merchandise SoldDelivery ExpenseMerchandise InventorySales DiscountsMerchandise Inventory Merchandise Inventory Merchandise Inventory Accounts Payable Papoose Creek Co Cost of Merchandise SoldDelivery ExpenseMerchandise InventorySales DiscountsAccounts Payable Papoose Creek Co Accounts Payable Papoose Creek Co Accounts Payable Papoose Creek Co Nov 6 Accounts Payable Moonlight Co CashCost of Merchandise SoldMerchandise InventorySalesAccounts Payable Moonlight Co Accounts Payable Moonlight Co Accounts Payable Moonlight Co Accounts Payable Grand Canyon Co CashCost of Merchandise SoldMerchandise InventorySalesMerchandise Inventory Merchandise Inventory Merchandise Inventory Nov 8 sale Accounts Payable Quinn Co Accounts Receivable Quinn Co CashSalesSales DiscountsAccounts Receivable Quinn Co Accounts Receivable Quinn Co Accounts Receivable Quinn Co Accounts Payable Quinn Co Accounts Receivable Quinn Co CashSalesSales DiscountsSales Sales Sales Nov 8 cost Accounts ReceivableCashCost of Merchandise SoldMerchandise InventorySales DiscountsCost of Merchandise Sold Cost of Merchandise Sold Cost of Merchandise Sold Accounts ReceivableCashCost of Merchandise SoldMerchandise InventorySales DiscountsMerchandise Inventory Merchandise Inventory Merchandise Inventory Nov 13 Accounts Payable Moonlight Co Accounts Receivable Moonlight Co CashMerchandise InventorySales DiscountsAccounts Payable Moonlight Co Accounts Payable Moonlight Co Accounts Payable Moonlight Co Accounts Payable Moonlight Co Accounts Receivable Moonlight Co CashMerchandise InventorySales DiscountsCash Cash Cash Nov 14 sale Accounts ReceivableCashMerchandise InventorySalesSales DiscountsCash Cash Cash Accounts ReceivableCashSalesSales DiscountsSales Returns and AllowancesSales Sales Sales Nov 14 cost Accounts ReceivableCost of Merchandise SoldMerchandise InventorySales DiscountsSales Returns and AllowancesCost of Merchandise Sold Cost of Merchandise Sold Cost of Merchandise Sold Accounts ReceivableCashCost of Merchandise SoldMerchandise InventorySales DiscountsMerchandise Inventory Merchandise Inventory Merchandise Inventory Nov 15 Accounts Payable Papoose Creek Co Accounts Receivable Papoose Creek Co CashMerchandise InventorySales DiscountsAccounts Payable Papoose Creek Co Accounts Payable Papoose Creek Co Accounts Payable Papoose Creek Co Accounts Payable Papoose Creek Co Accounts Receivable Papoose Creek Co CashMerchandise InventorySales DiscountsCash Cash Cash Nov 23 Accounts Payable Quinn Co Accounts Receivable Quinn Co CashMerchandise InventorySales Discounts Select Select Accounts Payable Quinn Co Accounts Receivable Quinn Co CashMerchandise InventorySales Discounts Select Select Nov 24 sale Accounts Payable Rabel Co Accounts Receivable Rabel Co Merchandise InventorySalesSales Returns and Allowances Select Select Accounts Payable Rabel Co Accounts Receivable Rabel Co Merchandise InventorySalesSales Returns and Allowances Select Select Nov 24 cost Accounts Receivable Quinn Co CashCost of Merchandise SoldMerchandise InventorySales Discounts Select Select Accounts Receivable Quinn Co CashCost of Merchandise SoldMerchandise InventorySales Discounts Select Select Nov 28 Accounts ReceivableCredit Card ExpenseMerchandise InventorySalesSales Discounts Select Select CashCredit Card ExpenseMerchandise InventorySalesSales Discounts Select Select Nov 30 CashCost of Merchandise SoldCustomer Refunds PayableMerchandise InventorySales Discounts Select Select CashCost of Merchandise SoldCustomer Refunds PayableMerchandise InventorySales Discounts Select Select

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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

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 $82,000, trade discount 20%, terms FOB destination, 2/10, n/30.
4.	Sold merchandise for cash, $36,170. The cost of the merchandise sold was $20,730.
5.	Purchased merchandise on account from Papoose Creek Co., $51,800, terms FOB shipping point, 2/10, n/30, with prepaid freight of $860 added to the invoice.
6.	Returned $13,600 ($17,000 list price less trade discount of 20%) of merchandise purchased on November 3 from Moonlight Co.
8.	Sold merchandise on account to Quinn Co., $17,200 with terms n/15. The cost of the merchandise sold was $8,760.
13.	Paid Moonlight Co. on account for purchase of November 3, less return of November 6.
14.	Sold merchandise on VISA, $255,510. The cost of the merchandise sold was $135,380.
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., $59,900, terms 1/10, n/30. The cost of the merchandise sold was $34,300.
28.	Paid VISA service fee of $3,600.
30.	Paid Quinn Co. a cash refund of $1,550 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.

Nov. 3	Accounts Payable-Moonlight Co.Cost of Merchandise SoldDelivery ExpenseMerchandise InventorySales DiscountsMerchandise Inventory	Merchandise Inventory	Merchandise Inventory
	Accounts Payable-Moonlight Co.Cost of Merchandise SoldDelivery ExpenseMerchandise InventorySales DiscountsAccounts Payable-Moonlight Co.	Accounts Payable-Moonlight Co.	Accounts Payable-Moonlight Co.
Nov. 4-sale	Accounts ReceivableCashMerchandise InventorySalesSales DiscountsCash	Cash	Cash
	Accounts ReceivableCashMerchandise InventorySalesSales DiscountsSales	Sales	Sales
Nov. 4-cost	Accounts ReceivableCost of Merchandise SoldMerchandise InventorySales DiscountsSales Returns and AllowancesCost of Merchandise Sold	Cost of Merchandise Sold	Cost of Merchandise Sold
	Accounts ReceivableCost of Merchandise SoldMerchandise InventorySales DiscountsSales Returns and AllowancesMerchandise Inventory	Merchandise Inventory	Merchandise Inventory
Nov. 5	Accounts Payable-Papoose Creek Co.Cost of Merchandise SoldDelivery ExpenseMerchandise InventorySales DiscountsMerchandise Inventory	Merchandise Inventory	Merchandise Inventory
	Accounts Payable-Papoose Creek Co.Cost of Merchandise SoldDelivery ExpenseMerchandise InventorySales DiscountsAccounts Payable-Papoose Creek Co.	Accounts Payable-Papoose Creek Co.	Accounts Payable-Papoose Creek Co.
Nov. 6	Accounts Payable-Moonlight Co.CashCost of Merchandise SoldMerchandise InventorySalesAccounts Payable-Moonlight Co.	Accounts Payable-Moonlight Co.	Accounts Payable-Moonlight Co.
	Accounts Payable-Grand Canyon Co.CashCost of Merchandise SoldMerchandise InventorySalesMerchandise Inventory	Merchandise Inventory	Merchandise Inventory
Nov. 8-sale	Accounts Payable-Quinn Co.Accounts Receivable-Quinn Co.CashSalesSales DiscountsAccounts Receivable-Quinn Co.	Accounts Receivable-Quinn Co.	Accounts Receivable-Quinn Co.
	Accounts Payable-Quinn Co.Accounts Receivable-Quinn Co.CashSalesSales DiscountsSales	Sales	Sales
Nov. 8-cost	Accounts ReceivableCashCost of Merchandise SoldMerchandise InventorySales DiscountsCost of Merchandise Sold	Cost of Merchandise Sold	Cost of Merchandise Sold
	Accounts ReceivableCashCost of Merchandise SoldMerchandise InventorySales DiscountsMerchandise Inventory	Merchandise Inventory	Merchandise Inventory
Nov. 13	Accounts Payable-Moonlight Co.Accounts Receivable-Moonlight Co.CashMerchandise InventorySales DiscountsAccounts Payable-Moonlight Co.	Accounts Payable-Moonlight Co.	Accounts Payable-Moonlight Co.
	Accounts Payable-Moonlight Co.Accounts Receivable-Moonlight Co.CashMerchandise InventorySales DiscountsCash	Cash	Cash
Nov. 14-sale	Accounts ReceivableCashMerchandise InventorySalesSales DiscountsCash	Cash	Cash
	Accounts ReceivableCashSalesSales DiscountsSales Returns and AllowancesSales	Sales	Sales
Nov. 14-cost	Accounts ReceivableCost of Merchandise SoldMerchandise InventorySales DiscountsSales Returns and AllowancesCost of Merchandise Sold	Cost of Merchandise Sold	Cost of Merchandise Sold
	Accounts ReceivableCashCost of Merchandise SoldMerchandise InventorySales DiscountsMerchandise Inventory	Merchandise Inventory	Merchandise Inventory
Nov. 15	Accounts Payable-Papoose Creek Co.Accounts Receivable-Papoose Creek Co.CashMerchandise InventorySales DiscountsAccounts Payable-Papoose Creek Co.	Accounts Payable-Papoose Creek Co.	Accounts Payable-Papoose Creek Co.
	Accounts Payable-Papoose Creek Co.Accounts Receivable-Papoose Creek Co.CashMerchandise InventorySales DiscountsCash	Cash	Cash
Nov. 23	Accounts Payable-Quinn Co.Accounts Receivable-Quinn Co.CashMerchandise InventorySales Discounts	- Select -	- Select -
	Accounts Payable-Quinn Co.Accounts Receivable-Quinn Co.CashMerchandise InventorySales Discounts	- Select -	- Select -
Nov. 24-sale	Accounts Payable-Rabel Co.Accounts Receivable-Rabel Co.Merchandise InventorySalesSales Returns and Allowances	- Select -	- Select -
	Accounts Payable-Rabel Co.Accounts Receivable-Rabel Co.Merchandise InventorySalesSales Returns and Allowances	- Select -	- Select -
Nov. 24-cost	Accounts Receivable-Quinn Co.CashCost of Merchandise SoldMerchandise InventorySales Discounts	- Select -	- Select -
	Accounts Receivable-Quinn Co.CashCost of Merchandise SoldMerchandise InventorySales Discounts	- Select -	- Select -
Nov. 28	Accounts ReceivableCredit Card ExpenseMerchandise InventorySalesSales Discounts	- Select -	- Select -
	CashCredit Card ExpenseMerchandise InventorySalesSales Discounts	- Select -	- Select -
Nov. 30	CashCost of Merchandise SoldCustomer Refunds PayableMerchandise InventorySales Discounts	- Select -	- Select -
	CashCost of Merchandise SoldCustomer Refunds PayableMerchandise InventorySales Discounts	- Select -	- Select -