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Sold a merchandise to lewis company on account for $5000, terms 2/10, n/30 April 5 Lewis Company returned 10% of merchandise from the April 4

Sold a merchandise to lewis company on account for $5000, terms 2/10, n/30
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April 5 Lewis Company returned 10% of merchandise from the April 4 sale. The goods were restore inventory. Format B 1 I U Date Account Name(s) Debit ($) Credit ($) Inventory Costing Beta Radios uses a periodic inventory system. The beginning inventory of Model X5 radios and the purchases for the year were as follows: # of Cost Units Per Unit 1,000 $10.00 Beginning Jan. 1 Inventory Apr. 15 Purchase 500 $12.00 Jun. 7 Purchase 300 $13.00 Sep. 22 Purchase 1,000 $14.00 Dec. 4 Purchase 700 $15.00 At December 31, the ending inventory consisted of 1,000 units

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