Week $11$ Assignment$-$Retail business transactions $(2)$

The following selected transactions were completed during June between Snipes Company and Beejoy Company. Please record transactions for Beejoy company.

$\backslash$table$[[\backslash$table$[[$June$],[8.]],\backslash$table$[[$Snipes Company sold merchandise on account to Beejoy Company, $$18,250,$ terms FOB destination, $\frac{2}{15},\frac{n}{e}om.$ The cost of the merchandise sold was$],[$$$10,000.]],],[8.,,$Snipes Company paid transportation costs of $$400$ for delivery of merchandise sold to Beejoy Company on June $8.],[23.,,\backslash$table$[[$Beejoy Company returned merchandise with a selling price of $$5,000($ $$4,900$ net of discount$)$ purchased on June $8$ from Snipes Company. The cost of the$],[$merchandise returned was $$3,000.]]],[24.,,\backslash$table$[[$Snipes Company sold merchandise on account to Beejoy Company, $$15,000,$ terms FOB shipping point, $\frac{n}{?}$ eom. The cost of the merchandise sold was$],[$$$9,000.]]],[26.,\backslash$table$[[$Beejoy Company paid transportation charges of $$375$ on June $24$ purchase from Snipes Company.$],[30.]],\backslash$table$[[$Beejoy Company paid Snipes Company on account for purchase of June $24.],[$Instructions$],[$Illustrate the effects of each of the preceding transactions on the accounts and financial statements of Beejoy Company. Identify each transaction by date.$]]]]$

$\backslash$table$[[$Beejoy Company $($Buyer$)],[$Balance Sheet,Description of Retained$],[,$Assets,$=,$Liabilities,$+,$Shareholder's Equity$],[,,$Accounts,Merchandise,,Accounts,Customer Refunds,,Capital,Retained$],[$Date$,$Cash,Receivable,Inventory,,Payable,Payable,,Stock,Earnings,Earnings Transaction$],[8-$June,,,,,,,,,,$],[12-$June,,,,,,,,,,$],[23-$June,,,,,,,,,,$],[24-$June,,,,,,,,,,$],[26-$June,,,,,,,,,,$],[30-$June,,,,,,,,,,$]]$