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: 103 units costing $5 each. 3 Purchased 118 units from Arnold Brothers costing $7.50 each 4 Returned 38 of the units purchased on October 3. 9 Sold 93 units to Kitchen Club, invoice #210. 15 Purchased 218 units from Arnold Brothers costing $8.65 each.. 18 Sold 186 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 68 units to Boyle Grocery, invoice #212. 31 Purchased 93 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 lavoice Number A/R Dr. Sales Cr. COGS Dr. Merchandise Inventory Cr Kitchen Club 210 1 eBook Required: Journalize the October transactions in the sales, purchases, and cash disburseme credit; terms 2/10, n/30. Under the assumption that the company keeps its records balances and post each transaction on an inventory subledger record. Posting to c transactions in the order provided in the question. Round final answers to 2 dec WILLIAMS COMPANY Date (2020) Account Debited Sales Journal Invoice Number A/R Dr. COGS Dr. Merchandise Sales Cr. Inventory Cr. Oct. 9 Kitchen Club 210 Oct. 18 Thorhild Co-op 211 Oct. 24 Boyle Grocery 212 WILLIAMS COMPANY Purchases Journal Accounts Merchandise Date (2020) Account Credited Payable Inventory Credit Debit Office Supplies Debit Other Accounts Debit Oct. 3 Arnold Brothers Oct. 15 Arnold Brothers Oct. 31 Arnold Brothers WILLIAMS COMPANY Cash Disbursements Journal Date (2020) Ch. No Cash Paye Account Debited Credit Merchandise Inventory Cr Other Accts. Accts. Payable Debit Debit eBook Journal entry worksheet < 1 Record the returned 38 units. Note: Enter debits before credits. Date October 04 2020 General Journal Debit Credit Record entry Clear entry View general journal 1 Purchases (Returns & Allow & Discounts) Sales (at cost) Inventory Balance Date 2020 Hu Unit PR Units Cost Total Unit Total Total Average Total Units Cost Cost Cost Cost Units Cost look Oct. 1 3 P1 118 $ 7.50 $ 885.00 4 G1 38 $7.50 $285.00 9 $1 93 15 P1 $ 0.00 Unit 103 $5.00 $ 515.00 0 0 0 0 18 S1 0 23 CD1 0 24 $1 0 31 P1 $ 0.00 $ Total 352 1,685.00 $ 0.00