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The following are the transactions for Winona sports for the month of November. purchased hockey sticks and pucks on account from Hi-Stick Co. $1, 600
The following are the transactions for Winona sports for the month of November. purchased hockey sticks and pucks on account from Hi-Stick Co. $1, 600 terms 2/10, n/60.Paid freight on Hi-stock Co. purchases $90. Received credit from Hi-Stick Co. for merchandise returned $350. Sold merchandise on account for $1,000, terms n/30. Purchased gloves, socks, and other accessories on account from Twin City Sportswear $945, terms 1/10, n/30 Paid Hi-Stick Co. in full. Received credit from Twin City Sportswear for merchandise returned $45. Made sales on account for $1, 330, terms n/30. Paid Twin City Sportswear in full. Granted credit to customers for clothing that did not fit properly $150. Received payments on account for $1, 900. Journalize the transactions using a periodic inventory system Presented below is information for Zhou Co. for the month of March 2017
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