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On September 1, Eden County Club had an inventory of 30 golf shirts at a cost of $18 each. The company uses a perpetual inventory system. During September, the following transactions occurred.
Sep 6
Purchased 80 golf shirts at $17 each from Mozart Co. for cash.
9
Paid freight of $80 on golf shirts purchased from Mozart Co
10
Returned 2 golf shirts to Mozart Co. for $36 credit (including freight) because they did not meet specification
12
Sold 26 golf shirts costing $18 (including freight) for $31 each to the Annual Golf Tournament, terms n/30
14
Granted credit of $31 to the Annual Golf Tournament for the return of one shirt that was not ordered
20
Sold 30 golf shirts costing $18 for $31 each to Mr. Sox, terms n/30.
Instructions
Journalize the September transactions.
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