The following selected transactions were completed by Bodyworks Co. during October of the current… 1 answer below »

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The following selected transactions were completed by Bodyworks Co. during October of the current year.

Oct.

1

Purchased merchandise from Mantooth Co., $11,800, terms FOB shipping point,    

2/10, n/eom. Prepaid transportation costs of $325 were added to the invoice.  

5

Purchased merchandise from Hauck Co., $17,500, terms FOB destination, n/30.  

10

Paid Mantooth Co. for invoice of October 1, less discount.  

13

Purchased merchandise from Lieu Co., $7,500, terms FOB destination, 1/10, n/30.  

14

Issued debit memorandum to Lieu Co. for $2,500 of merchandise returned from    

purchase on October 13.  

18

Purchased merchandise from Fowler Company, $9,600, terms FOB shipping point, n/eom.  

18

Paid transportation charges of $150 on October 18 purchase from Fowler Company.  

19

Purchased merchandise from Hatcher Co., $9,750, terms FOB destination, 2/10, n/30.  

23

Paid Lieu Co. for invoice of October 13, less debit memorandum of October    

14 and discount.  

29

Paid Hatcher Co. for invoice of October 19, less discount.  

31

Paid Fowler Company for invoice of October 18.  

31

Paid Hauck Co. for invoice of October 5.

Instructions

Journalize the entries to record the transactions of Bodyworks Co. for October.

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