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Scruffy Brothers Supply uses a periodic inventory system. During May, the following transactions and events occurred. May 13 Purchased 6 motors at a cost of

Scruffy Brothers Supply uses a periodic inventory system. During May, the following transactions and events occurred.

May 13 Purchased 6 motors at a cost of $45 each from Charlie Company, terms 4/10, n/30. The motors cost Charlie Company $26 each.

May 16 Returned 1 defective motor to Charlie.

May 23 Paid Charlie Company in full.

Instructions

Journalize the May transactions for Scruffy Brothers. You may omit explanations.

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