Question: please help ASAP :) Presented here are selected transactions for Furley Furniture Company during April. Furley Furniture uses the perpetual inventory system. April 1: Purchased
please help ASAP :)


Presented here are selected transactions for Furley Furniture Company during April. Furley Furniture uses the perpetual inventory system. April 1: Purchased merchandise from Merchant Company for $17,500, on account. April 4: Sold merchandise to Lana's Leisure Living for $8,000, on account. The merchandise sold had a cost of $5,850. April 5: Returned $1,200 of the items purchased on April 1. April 8: Of the merchandise sold on April 4, $3,300 of it was returned. The items had cost Furley Furniture $2,725. April 16: Paid the balance owing for the merchandise purchased April 1. April 18: Received payment of balance due, in full, from Lana's Leisure Living, related to the April 4 sale. Required: Using the attached template file, prepare a tabular summary to the record transactions for Furley Furniture Company listed above. B D E F G H K L M N O P Q R S 1 FURLEY FURNITURE COMPANY 2 TABULAR SUMMARY OF TRANSACTIONS Nm SHAREHOLDERS' EQUITY 4 5 6 Date 7 ASSETS Accounts + Receivable = LIABILITIES Accounts = Payable Common + Shares Cash + Inventory + Revenues Expenses - Dividends 8 9 10 11 12 13 14 15 16 17 18 19 20 21
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