The chart of accounts of Oriole Company includes the following selected accounts. 112 Accounts Receivable 401 Sales Revenue 120 Inventory 412 Sales Returns and Allowances 126 Supplies 505 Cost of Goods Sold 157 Equipment 610 Advertising Expense 201 Accounts Payable In July, the following transactions were completed. All purchases and sales were an account. The cost of all merchandise sold was 70% of the sales price. Purchased merchandise from Eby Company $ 8,490. July 1 2 3 5 8 13 15 Received freicht bill from Shaw Shipping on Eby purchase $ 440. Made sales to Fort Company $1,430 and to Hefner Bros. $2,170. Purchased merchandise from Getz Company $ 3.230. Received credit on merchandise returned to Getz Company $280. Purchased store supplies from Dayne Supply $ 760. Purchased merchandise from Eby Company $ 3,640 and from Bosco Company $4,330. Made sales to Aybar Company $3,020 and to Hefner Bros $ 1,890. $ Received ball for advertising from Welton Advertisements $ 560. Sales were made to Fort Company $ 460 and to Duncan Company $ 3,490. Granted allowance to Fort Company for merchandise damaged in shipment $20. Purchased merchandise from Getz Company $ 2,990. Purchased equipment from Dayne Supply $ 800. 16 18 21 22 24 26 28 Received freight bill from Shaw Shipping on Getz purchase of July 24, $ 440. 30 Sales were made to Aybar Company $ 5,920. General Ledger Accounts Receivable NO Date Explanation Ref. Debit Credit Balance July 31 Si 18250 18 July 22 Gl 50 18 Inventory NO Date Explanation Ref. Debit Credit Balance July 31 P1 22300 22 July 8 GI 200 July 31 si 12775 NO Supplies Date Explanation Ref. Debit Credit Balance P1 700 July 13 Equipment Date NO Explanation Ref. Debit Credit Balance P1 830 Jul 26 Accounts Payable Date Explanation Ref. NO Debit Credit Balance July 31 P1 24830 24 July 8 Gl 280 24 NO Sales Revenue Date Explanation Ref. Debit Credit Balance July 31 si 18250 NO Sales Returns and Allowances Date Explanation Ref. Debit Credit Balance July 22 GI 50 NO Cost of Goods sold Date Explanation Ref. Debit Credit Balance July 31 Si 12775 12 NO Advertising Expense Date Explanation Ref. Debit Credit Balance July 18 P1 640 Accounts Receivable Subsidiary Ledger Hefner Bros. Date Explanation Ref. Debit Credit Balance July 3 51 1740 July 16 51 1900 Fort Company Date Explanation Ref. Debit Credit Balance July 3 Si 1890 July 21 Si 120 July 22 GI Aybar Company Date Explanation Ref. Debit Credit Balance July 16 7 Si 3610 July 20 Si 5920 Duncan Company Date Explanation Ref. Debit Credit Balance July 21 SI 3070 Accounts Payable Subsidiary Ledger Dayne Supply Date Explanation Ref. Debit Credit Balance July 13 Pl 700 July 26 P1 830 Shaw Shipping Date Explanation Ref. Debit Credit Balance July 2 P1 440 July 20 P1 440 Eby Company Date Explanation Ref. Debit Credit Balance July 1 P1 8000 July 15 P1 3550 11 Getz Company Date Explanation Ref. Debit Credit Balance July 5 V Pl 3120 July G1 200 July 24 P1 3070 Welton Advertisements Date Explanation Ref. Debit Credit Balance July 18 P1 640 Eby Company Date Explanation Ref. Debit Credit Balance July 1 P1 8000 July 15 P1 3550 11 Getz Company Date Explanation Ref. Debit Credit Balance July 5 P1 3120 July 8 GI 280 July 24 P1 3070 Welton Advertisements Date Explanation Ref. Debit Credit Balance July 18 P1 640 Bosco Company Date Explanation Ref. Debit Credit Balance July 15 P1 4210 e Textbook and Media List of Accounts Attempts: 1 of 3 used Submit Answer Save for Later Last saved 23 minutes ago Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. (c) The parts of this question must be completed in order. This part will be available when you complete the part above