Sold $1,500 worth of merchandise on account to Meats, sales invoice No. 463, terms 1/10,n30. Cost of Collected cash sale, $638. Cost of inventory was $478.50. Issued credit memorandum No. 101 to Discount Meats for Received cash payment from Chapman's Deli in payment of Discount Sept. 19 inventory was $1,125. 22 September 5 transaction, sales invoice No. 461. 23 23 25 25 26 $300 worth of merchandise returned from September 19 sales on account. Cost of inventory being returned is $225. Received cash from Discount Meats in payment of September 19 sales invoice No. 463. (Don't forget about the credit memo and discount.) Collected cash sales, $813. Cost of inventory was $609.75. Sold meat-cooling equipment for $900 cash. (Ignore depreciation entry) Sold $1,620 worth of merchandise on account to Chapman's Deli, sales invoice No. 464, terms 1/10, n/30. Cost of inven- tory was $1,215. 29 30 Issued credit memorandum No. 102 to Chapman's Deli for $420 worth of merchandise returned from September 29 transaction, sales invoice No. 464. Cost of inventory being returned is $315. lize the transactions in the appropriate journals. and post as appropriate. a schedule of accounts receivable as of Sept. 30. eeper of Floor Required a. Journalize the transactions in the appropriate journals. -2C (In the Excel templates on My Accounting Lab, all the beginning balances needed nventory was b. Record in the accounts receivable ledger and post to the general ledger as Prepare a schedule of accounts receivable as of July 31. appropriate. C. are provided for the accounts receivable and general ledger.) The following trans- actions occurred for Bedford Sausage Supply Co. 2020 Sept. 2 5 Karen Blum, owner, invested an additional $15,000 in the business. Sold $1,850 worth of merchandise on account to Petra's Meat Market, sales invoice No. 460, terms 1/10,n/30. Cost of inventory was $1,387.50. Sold $825 worth of merchandise on account to Chapman's Deli, sales invoice No. 461, terms 1/10, n/30. Cost of inven- tory was $618.75. Sold $930 worth of merchandise on account to Valemont Variety Meats Co., sales invoice No. 462, terms 1/10, n/30. Cost of inventory was $697.50. Received cash from Petra's Meat Market in payment of September 3 transaction, sales invoice No. 460, less discount. 8 12 SPECIAL JOURNALS