3 125% Zoom .al Chart View Formula Table Text Shape Media Comment + PROB2 PROB3 PROB4 PROB 5 A B D E G 2 PROBLEM 4 (15 points) The following transactions were selected from among those completed by the Lampco Inc. 3 during October of the current year: 4 October 3. Purchased merchandise on account from Axel Co., list price $15,000 trade discount 15%, terms FOB destination, 1/10, n/30. 7 B 9 6. Sold merchandise on account to Hart Co., list price $20,000 trade discount 20%, terms 2/10, 1/30 at 20% gross profit. 10 11 12 7. Returned $4,000 of the merchandise purchased on September 3 from Axel Co. 13 14 16 17 12. Sold merchandise on account to Abc company, $ 8000 at 20% gross profit. 13. Paid Axel Co. on account for purchase of September 3, less return of September 7. 16. Received cash on account from sale of September 6 to Hart Co. 18 19 20 21 24. Sold merchandise to Wilcox Co., $7,500 terms 1/10, 1/30 at 30% gross profit. sold 26. Sold merchandise for cash, $8,000 at 15% gross profit. 30. Received merchandise returned by Wilcox Co. from sale on September 24, $2,000 30. Purchased merchandise from EFG Company, list price $ 8000 trade discount 20% terms FOB Shipping Point. 20 27 20 Instructions: Journalize the transactions for the Lampco Inc. 30 31 32 esc 80 000