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This question will be sent to your instructor for grading. TB 05-113 Evenflow Evenflow had the following transactions for October: October 6: Purchased 300 units

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This question will be sent to your instructor for grading. TB 05-113 Evenflow Evenflow had the following transactions for October: October 6: Purchased 300 units of inventory at $8 per unit. The seller offered credit terms of 2/10, 1/30. October 8 Returned 25 defective units and received full credit, October 10: Paid the amount in full, less the returned items Prepare Journal entries to record each of the preceding transactions. Assume a perpetual inventory system. Short Answer Toolbar navigation B IVS - E EA This question will be sent to your instructor for grading. TB 05-114 Evenflow had Evenflow had the following sales transactions in January January 3 January 6 January 10 Sold 100 units of inventory at $6 per unit. Cost of $4 per unit. The seller offered credit terms of 2/10, 1/30. Customer returned 20 units and received full credit. The units were returned to inventory Pald the amount in full less the returned items. Prepare journal entries to record these transactions. Short Answer Toolbar navigation USE iii > A

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