Question: Question 1 [ 3 5 points ] Prepare journal entries for October 2 0 1 9 to record the following transactions for Weber Inc. Assume
Question points
Prepare journal entries for October to record the following transactions for Weber Inc. Assume a perpetual inventory system.
Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format ddie January would be
When a transaction requires two separate journal entries, use the same letter for both descriptions.
a October : Weber Inc.s merchandise that cost $ was sold to cell Inc. for $ under credit terms of
b October : Weber Inc. sold merchandise that cost $ to Dylex Corporation for $ under credit terms of
c October : Received Dylex Corporation's payment of the amount due from the October sale.
d October : Weber Inc. sold merchandise to Global Filter Corp. that cost $ for $ cash.
e October : Xcell Inc. requested a price reduction on the October sale because the merchandise did not meet specifications. Sent cell Inc. a credit memorandum for $ to resolve the issue.
f October : Received the balance due from Xcell Inc. for the sale dated October
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