Suppose Peter's Hardware sells merchandise on account, terms 2/10 160 for $1.000 the cost of the inventory is $380) on October 17, 2018. Peter's Hardware later received 400 of good cost $125) sales returns on October 21, 2018. The customer paid the balance due on October 26, 2018. Journalize the October 2018 transactions for Peter's Hardware assuming the net method is used Record debits first, then credits. Exclude explanations from any journal entries. Round your answers to the nearest cont, X.Xox.) Start by joumalizing the revenue portion of the sale for Peter's Hardware on October 17. (Do not yet record the cost related to the sale. We will do this in the red journal entry) Journal Entry Accounts Debit Credit Next, journalize the cost of goods sold. Journal Entry Accounts Debit Date Choose from any list or enter any number in the input fields and then continue to the next question od 9 Co search $ Suppose Peter's Hardware sells merchandise on account, terms 2/10, 1/60 for $1,000 (the cost of the inventory is $380) on October 17, 2018. Peter's Hardware later received 5400 of goods (cost $125) as sales returns on October 21, 2018. The customer paid the balance due on October 26, 2018. Journalize the October 2018 transactions for Peter's Hardware assuming the hot method is used Record debitist, then credits. Exclude explanations from anyjournal entries. Round your answers to the nearest cent XXX.) Next, journalize the cost of goods sold. Journal Entry Date Accounts Debit Credit Journalize the revenue effect of the sale return (Do not yet record the inventory adjustment related to the return. We will do this in the next jouma entry Journal Entry Date Choose from any list or enter any number in the input fields and then continue tome next question to search Suppose Peter's Hardware sells merchandise on account, terms 2/10, 1/60 for $1.000 (the cost of the inventory is $380) on October 17, 2018. Peter's Hardware later received 400 of goods $125) as sales returns on October 21, 2018. The customer paid the balance due on October 26, 2018. Journalize the October 2018 transactions for Peter's Hardware assuming the he a d is used. (Record debits first, then credits. Exclude explanations from any journal entries. Round your answers to the nearest cent. XXX) Next, prepare the entry for cost of goods returned. Journal Entry Date Accounts Debit Credit Oct Journalize the cash collection from the customer for Peter's Hardware Journal Entry Debit Credit Accounts Date Choose from any list or enter any number in the input fields and then continue to the next question arch PgUp End Suppose Peter's Hardware sells merchandise on account, terms 2/10, 160, for $1.000 (the cost of the inventory is $380) on October 17,2018. Peter's Hardware erreived 400 of goods $125) as sales returns on October 21, 2018. The customer paid the balance due on October 26, 2018. Joumalize the October 2018 transactions for Peter's Hardware assing the ne used. Record debits first, then credits. Exclude explanations from any journal entries. Round your answers to the nearest cont, X eds C) EL PRECIO Journal Entry Date Accounts Debit Credit Oct Journalize the cash collection from the customer for Peter's Hardware Journal Entry Credit Debit Accounts Date Oct 747 Choose from any list or enter any number in the input fields and then continue to the next question O 09 arch POJO End Home Prtsch
