View Policies Current Attempt in Progress Crane Company buys merchandise on account from Larkspur Company. The selling price of the goods is $1,180 and the cost of the goods sold is $605. Both companies use perpetual inventory systems. Journalize the transactions on the books of both companies. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account tities are automatically indented when amounts entered. Do not indent manually) Debit Credit Account Titles and Fynlanation W2 iment education whey.comwasament lavede hunchid.46- otoc37action S: HW2 Question 5 of 5 View Policies Current Attempt in Progress Wildhorse Warchoune distributes hardback books to retail stores and extends Eredit term of 4/10, 1/30 to all of its customers During the month of one, the following merchandising transactions occurred June 1 3 6 15 17 Purchased books on account for 52.265 including freight from Catlin Publishers, term4/1030 Sold books on account to Garfunkel Bookstore for $1,400. The cost of the merchandise sold was $600 Received $65 credit for books returned to Catlin Publishers Paid Catlin Publishers in full Received payment in full from Garfunkel Bookstore Sold books on account to Bell Tower for $1.000 terms of 4/10,6/30. The cost of the merchandise sold was $850 Purchased books on account for $from Priceless Book Publishers, terms 315.30 Received payment in full less discount from Bell Tower, Paid Priceless Book Publishers inful Sold books on account to General Bookstore for $2.950. The cost of the merchandise sold was $830 Granted General Bookstore 5120 credit for books returned costing 560 24 26 28 30 Journalize the transactions for the month of Jane for Wildhorse Warehouse, using a perpetual inventory system of no entry required select "No Entry for the account titles and enter for the amounts Credit accountitles are automatically indented when amounts entered. Do not indent manually Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit SO 288 1 0 & 7 $ 4 8 9 6 5 3 2 0 U Y T E R W Q H J G AL S DF View Policies Current Attempt in Progress Crane Company buys merchandise on account from Larkspur Company. The selling price of the goods is $1,180 and the cost of the goods sold is $605. Both companies use perpetual inventory systems. Journalize the transactions on the books of both companies. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account tities are automatically indented when amounts entered. Do not indent manually) Debit Credit Account Titles and Fynlanation W2 iment education whey.comwasament lavede hunchid.46- otoc37action S: HW2 Question 5 of 5 View Policies Current Attempt in Progress Wildhorse Warchoune distributes hardback books to retail stores and extends Eredit term of 4/10, 1/30 to all of its customers During the month of one, the following merchandising transactions occurred June 1 3 6 15 17 Purchased books on account for 52.265 including freight from Catlin Publishers, term4/1030 Sold books on account to Garfunkel Bookstore for $1,400. The cost of the merchandise sold was $600 Received $65 credit for books returned to Catlin Publishers Paid Catlin Publishers in full Received payment in full from Garfunkel Bookstore Sold books on account to Bell Tower for $1.000 terms of 4/10,6/30. The cost of the merchandise sold was $850 Purchased books on account for $from Priceless Book Publishers, terms 315.30 Received payment in full less discount from Bell Tower, Paid Priceless Book Publishers inful Sold books on account to General Bookstore for $2.950. The cost of the merchandise sold was $830 Granted General Bookstore 5120 credit for books returned costing 560 24 26 28 30 Journalize the transactions for the month of Jane for Wildhorse Warehouse, using a perpetual inventory system of no entry required select "No Entry for the account titles and enter for the amounts Credit accountitles are automatically indented when amounts entered. Do not indent manually Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit SO 288 1 0 & 7 $ 4 8 9 6 5 3 2 0 U Y T E R W Q H J G AL S DF