chanpr... Chapter 5 assignment i 6 10 points 02:47:21 eBook Print New folder References Medicine Hat Colle... Medicine Hat Colle... Student Dashboard Home | Microsoft 3... Smacro economics P books Saved Chad Funk is a hair stylist who opened a business selling hair products. He imports products from around the world and sells to salons in Canada. Oct. 1 Purchased $2,200 of hair spray from Orbit Pro; terms 3/10, n/30, FOB shipping point. The appropriate party paid the shipping cost of $240. 5 Sold shampoo costing $700 to Barber & Co. for a price of $1,000 with terms of 2/10, n/30, FOB shipping point. The appropriate party paid the shipping cost of $100. 7 Returned $900 of inventory to Orbit Pro due to an error in the October 1 order. 10 Paid Orbit Pro for the purchase on October 1. 14 Barber & Co. returned $180 of inventory from the sale on October 5. The inventory had a cost of $126. 22 Received the payment from Barber & Co. on the October 5 sale. 23 Purchased $2,800 of hair conditioner from Keratin Hair; terms 2/10, n/30, FOB shipping point. The appropriate party paid the shipping cost of $500. 25 Sold hair gel to Styling Room for an invoice price of $1,400, terms 2/10, n/30, FOB destination. The hair gel had a cost of $980. The appropriate party paid the shipping cost of $250. 26 Paid for the purchase on October 23. 31 Received the payment from Styling Room on the October 25 sale. Required: Record the journal entries for the month of October. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry descriptions are provided already in the journal entry worksheet.) Help Save

Chad Funk is a hair stylist who opened a business selling halr products. He imports products from around the world and sells to sitons in Canada. cost of $248. appropriate party paid the shipping cost of $100. 7 . Returned $900 of linventory to Orbit Pro dae to an error in the Oetober 1 onder. 10 Pald Orbit Pro for the purchase on october 1 . 22 Received the paryent froe Earber ACo, in the October 5 sale. thipping cost of $500. \$989. The appropriate party paid the shippins cost of 3250 . 26 Paid for the purchave on October 23 . Required: Record the journal entries for the month of October. Of no entry is required for a transoction/event, select "No journal entry required" in the first account field. Journal entry descriptions are provided alreody in the journal entry worktheet.)