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: 102 units costing $5 each.) 3 Purchased 117 units from Arnold Brothers costing $7.50 each 4 Returned 37 of the units purchased on October 3. 9 Sold 92 units to Kitchen Club, invoice #218. 15 Purchased 217 units from Arnold Brothers costing $8.60 each. 18 Sold 184 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 67 units to Boyle Grocery, invoice #212. 31 Purchased 92 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 Invoice Number A/R Dr. Sales Cr. COGS Dr. Merchandise Inventory Cr. WILLIAMS COMPANY Purchases Journal Accounts Date (2020) Account Credited Payable Credit Merchandise Inventory Debit Office Supplies Debit Other Accounts Debit WILLIAMS COMPANY Cash Disbursements Journal Other Date (2020) Ch. No. Cash Merchandise Payee, Account Debited Credit Inventory Cr. Accts. Debit Accts. Payable Debit Record the returned 37 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 PR Units Unit Cost Total Unit Total Total Units Average Cost/ Total Cost Cost Cost Units Cost Unit Oct. 1 102 $5.00 $ 510.00 0 3 P1 4 G1 S 0.00 $ 0.00 0 0 9 S1 0 15 P1 $ 0.00 0 18 S1 0 23 CD1 0 24 S1 0 31 P1 $ 0.00 0 Total 102 $ 510.00 0 $ 0.00