The Williams Company sells a product called Mix-Right for $15 each and uses a perpetual inventory system to account for its merchandise. The beginning balance of Mix-Rights and transactions during October 2020 were as follows: Oct 1 Balance: 100 units costing $5 each. 3 Purchased 115 units from Arnold Brothers costing $7.50 each 4 Returned 35 of the units purchased on October 3. 9 Sold 90 units to Kitchen Club, invoice #210. 15 Purchased 215 units from Arnold Brothers costing $8.50 each. 18 Sold 180 units to Thorhild Co-op, invoice #211. 19 Paid for the October 3 purchase; cheque #101. 23 Paid for the October 15 purchase, cheque #102. 24 Sold 65 units to Boyle Grocery, invoice #212. 31 Purchased 90 units from Arnold Brothers costing $8.00 each. Required: Journalize the October transactions in the sales, purchases, and cash disbursements journals. Assume all sales and purchases are on credit: terms 2/10, n/30. Under the assumption that the company keeps its records on a weighted average basis, enter the beginning balances and post each transaction on an inventory subledger record. Posting to other subledgers is not required. (Enter the transactions in the order provided in the question. Round final answers to 2 decimal places.) WILLIAMS COMPANY Sales Journal Date (2020) Account Debited Oct 3 Oct 15 Oct 31 Invoice Number A/R Dr. Sales Cr. COGS Dr. Merchandise Inventory Cr. WILLIAMS COMPANY Purchases Journal Accounts Merchandise Date (2020) Account Credited Payable Inventory Credit Debit Office Supplies Debit Other Accounts Debit Date (2020) WILLIAMS COMPANY Cash Disbursements Journal Ch. 62 Payee Account Debited No. Cash Credit Merchandise Inventory Cr. Other Accts. Debit Accts. Payable Debit View transaction list Journal entry worksheet Record the returned 35 units. Note: Enter debits before credits. Date October 04, 2020 General Journal Debit Credit Record entry Clear entry View general journal Purchases (Returns & Allow & Discounts) Sales (at cost) Inventory Balance Date 2020 HU PR Unit Total Unit Total Total Average Total Units Units Cost/ Cost Cost Cost Cost Units Cost Unit 100 $5.00 $ 500.00 $ 0.00 $ 0.00 Oct.1 3 P1 4 G1 9 $1 15 P1 $ 0.00 18 S1 23 CD1 24 $1 31 P1 $ 0,00 Total 100 $ 500.00 0 0.00 0 0 0 0 00000