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Complete journal entries

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Question - Complete Journal Entries - The Cost of Goods Sold is 40% of selling price.

Oct. 1 Purchased merchandise from Bata wholesalers for $2000 - terms 2/15 n/30

Oct. 3 Received invoice from Joe's Trucking for $200 for transport of goods from Bata purchase.

Oct. 8 Sold $6000 of merchandise on account.

Oct. 12 Returned $200 of merchandise from Bata purchase.

Oct. 13   Received invoice from Joe's Trucking for $50 for deliver of sale to customer.

Oct. 14 Paid amounts owing to Bata wholesalers.

Oct. 16 Completed sale for $800 on account.

Oct. 20 Paid amount owing to Joe's Trucking in full.

Reference no: EM133157548

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