Stud in error eBook Required: Journalize the transactions. Nov. 3 Nov. 4-sale Nov. 4-cost in Grad gnment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress=false Nov. 5 Nov. 6 (x Merc Cash ales-Related and Purchase-Related Transactions Using Perpetual Inventory System The following were selected from among the transactions completed by Babcock Company during November of the current year: Nov. 3. Purchased merchandise on account from Moonlight Co., list price $81,000, trade discount 20%, terms FOB destination, 4. Sold merchandise for cash, $36,450. The cost of the goods sold was $20,690. 5. Purchased merchandise on account from Papoose Creek Co., $43,450, terms FOB shipping point, 2/10, n/30, with prepa 6. Returned $16,000 ($20,000 list price less trade discount of 20%) of merchandise purchased on November 3 from Moon 8. Sold merchandise on account to Quinn Co., $14,400 with terms n/15. The cost of the merchandise sold was $8,870. 13. Paid Moonlight Co. on account for purchase of November 3, less return of November 6. 14. Sold merchandise on VISA, $245,490. The cost of the goods sold was $132,250. 15. Paid Papoose Creek Co. on account for purchase of November 5. 23. Received cash on account from sale of November 8 to Quinn Co. 24. Sold merchandise on account to Rabel Co., $58,000, terms 1/10, n/30. The cost of the goods sold was $37,170. 28. Paid VISA service fee of $3,400. 30. Paid Quinn Co. a cash refund of $5,540 for returned merchandise from sale of November 8. The cost of the returned merc Sales Accounts Payable-Moonlight Co. Cost of Goods Sold Show Me How Cost of Goods Sold Stud Merchandise Inventory Accounts Payable-Papoose Creek Co. Merchandise Inventory Check My Work 2 more Check My Work uses remaining. Q Search F4 Sign PIL Trans F5 81,000 36,450 20,690 43,450 F6 81,000 36,450 BDP- 20,690 43,450 Print Item CAA All work saved. 18 20BL PrtScn Elluc My H Home

Sales-Related and Purchase-Related Transactions Using Perpetual Inventory System The following were selected from among the transactions completed by Babcock Company during November of the current year: Nov, 3. Purchased merchandise on account from Moonlight Co., list price 381,000 , trade discount 20%, terms FOB destination, 2/10, n/30. 4. Sold merchandise for cash, $36,430. The cost of the goods sold was $20,690. 5. Purchased merchandise on account from Papoose Creek CO, $43,450, terms FOB shipping point, 2/10,N/30, with prepaid freight of $730 added to the inv 6. Returned $16,000($20,000 list price less trade discount of 20%) of merchandise purchased on November 3 from Moontight Co. 8. Sold merchandise on account to Quinn Co, 514,400 with terms n/15. The cost of the merchandise sold was $8,870. 13. Paid Moonlight Co. on account for purchase of November 3, less return of November 6 . 14. Sold merchandise on VISA, $245,490. The cost of the goods sold was $132,250. 15. Pald Papoose Creek Co. on account for purchase of November 5 . 23. Recelved cash on account from sale of November 8 to Quinn Co. 24. Sold merchandise on account to Rabel Co., $58,000, terms 1/10,n/30. The cost of the goods sold was $37,170. 28. Pald VISA service fee of $3,400. 30. Paid Quinn Co. a cash refund of $5,540 for returned merchandise from sale of November 8 . The cost of the returned merchandise was $3,280