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. 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 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 Date (2023) Account Debited Invoice Number A/R Dr. Sales Cr. COGS Dr. Merchandise Inventory Cr. Oct. 9 Kitchen Club 210 Oct. 18 Thorhild Co-op 211 Oct. 241 Boyle Grocery 212 WILLIAMS COMPANY Purchases Journal Accounts Date (2023) Account Credited Payable Credit Merchandise Inventory Debit Office Supplies Debit Other Accounts Debit Date (2023) Ch. No. Payee WILLIAMS COMPANY Cash Disbursements Journal Account Debited Other Cash Merchandise Accts. Payable Credit Inventory Cr. Accts. Debit Debit Journal entry worksheet < 1 Record the returned 20 units. Note: Enter debits before credits. Date General Journal Debit Credit October 04, 2023 4 Purchases (Returns & Allow & Discounts) Sales (at cost) Inventory Balance Date 2023 Oct.1 PR HE Unit Total Units Unit Total Total Average Cost Units Total Cost Cost Cost Cost Units Cost Unit 85 $ 5.00 $425.00 $ 0.00 3 P1 $ 0.00 $ 0.00 4 G1 0 $ $ 9 S1 15 P1 $ 0.00 18 $1 23 CD1 SSSSSS 0.00 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 24 S1 31 P1 $ 10 0.00 $ 0.00 Total 85 $ 425.00 0 $ 0.00 0 0.00