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 2023 were as follows: Oct 1 Balance: 85 units costing $5 each. 3 Purchased 100 units from Arnold Brothers costing $7.50 each. 4 Returned 20 of the units purchased on October 3.1 9 Sold 75 units to Kitchen Club, invoice #210. 15 Purchased 200 units from Arnold Brothers costing $7.75 each. 18 Sold 150 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 50 units to Boyle Grocery, invoice #212. 31 Purchased 75 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. Negative answers should be indicated by a minus sign.) WILLIAMS COMPANY Sales Journal COGS Dr. Date (2023) Account Debited Invoice Number A/R Dr. Sales Cr. Merchandise Inventory Cr. Oct 9 Kitchen Club 210 1,125.00 Oct 18 Thorhild Co-op 211 2,250 00 Oct 24 Boyle Grocery 212 750 00 A WILLIAMS COMPANY Purchases Journal Accounts Date (2023) Account Credited Payable Credit Merchandise Inventory Debit Office Supplies Debit Other Accounts Debit Oct 3 Arnold Brothers 750.00 750.00 Oct. 15 Arnold Brothers 1,550.00 1,550.00 Oct 31 Arnold Brothers 600.00 600.00 WILLIAMS COMPANY Cash Disbursements Journal Date (2023) 52 Ch No. Cash Merchandise Payee Account Debited Other Accts. Credit Inventory Cr. Accts. Payable Debit Debit Oct 19 101 Arnold Brothers Oct 23 102 Arnold Brothers AP-Amold Brothers AP-Amold Brothers i 600.00 600.00 1,550.00 View transaction list View journal entry worksheet No Date General Journal Debit Credit 1 October 04, 2023 Accounts payable-Arnold Brothers Purchases (Returns & Allow & Discounts) Sales (at cost) Inventory Balance Average Date 2023 Oct 1 RR Unit Total Unit Total Total Total PR Units Units Cost/ Cost Cost Cost Cost Units Cost Unit 85 $5.00 $ 425.00 85 $ 5.00 425.00 3 P1 100 $ 7.50 $ 750.00 185 $ 0.00 4 G1 9 $1 (20) $ 7.50 (150) 165 $ 0.00 75 $ 0.00 90 $ 0.00 $ 15 P1 200 $ 7.75 290 $ 0.00 1,550.00 18 $1 150 $ 0.00 140 $ 0.00 23 CD1 $ 0.00 24 $1 50 $ 0.00 90 $ 0.00 31 P1 75 $ 8.00 $ 600.00 165 $ 0.00 $ Total 440 275 $ 0.00 165 3,175 00 0.00