Question: Can anyone help me fill out this chart please Selected transactions follow for Ridgewood Sports Ltd during the company's first month of business. The compary




Selected transactions follow for Ridgewood Sports Ltd during the company's first month of business. The compary expects a return rate of 8% and uses a perpetual inventory system. Feb. 2. Sold $1,139 of merchandise to Andrew Noren on account, terms n/30, The goods had cost Ridgewood $760. 4. Andrew Norenruturned for credit $139 of the merchandise purchased on February 2. The goods had cost Ridgewood $86 and they were returned to inventory. 5 Sold $756 of merchandise to Dong Corporation on account. terms n/30. The goods had cost Ridgewood $493. 8. Sold $848 of merchandise to Michact Collins for cash. The goods had cost Ridgewood S617. 10. Sold $924 of merchandise to Rafik Kuril account. terms N/30. The goods had cost Ridgewood $683, 22 Dong Corporation paid its account in fult. 24. Andrew Noren purchased an additional $692 of merchandise on accourt, termis n/30. The goods had cost Ridgewood $412 27 Sold $1.726 of merchandise 10 Batutong Corporation, terms w/30. The goods had cort Ridgew 5 . 51.103. 28 Andrewtoren parid 51.000 on ascuevin. Account Titles and Explanation Debit Credit (Torecord sales) (To record cost of iboods sold) feta 4 (To record sales returns) (To record cost of goods returned) TTurecordisales) (To record cost of goods sold) (To record sales) (To record cost of goods sold) (To record sales)
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