Demmler Corporation Entered into the Transactions Listed Below $\quad$ 3 $\quad$

question 11

Essay

Demmler Corporation entered into the transactions listed below.In the journal provided,prepare Demmler's journal entries,assuming use of the periodic inventory system.Omit explanations.
Oct. $\quad$ 3 $\quad$ Purchased $1,500 of merchandies on credit terms $\mathrm { n } / 15$ .
$\quad$$\quad$$\quad$ 6 $\quad$ Returned 300 of the goods purchased on Octaber 3.
$\quad$$\quad$$\quad$ 7 $\quad$ Paid freight charges of $\$ 150$ on goods purchased on October 3.
$\quad$$\quad$$\quad$ 12 $\quad$ Paid for the goods purchased on October 3.
$\quad$$\quad$$\quad$ 13 $\quad$ Sold goods on credit for $\$ 1,000$ , terms $\mathrm { n } / 30$ .
$\quad$$\quad$$\quad$ 14 $\quad$ The customer of Octaber 13 returned \$200 of the goods.
$\quad$$\quad$$\quad$ 23 $\quad$ Received payment from the customer of Octaber 13.
$\quad$$\quad$$\quad$ 25 $\quad$ Purchased office supplies for $450.

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Definitions:

Sensory Systems

The complex network of receptors and neural pathways in organisms that process information from the environment, including vision, hearing, smell, taste, and touch.

High Speeds

Rapid rates of motion or operation, often significantly faster than average or expected.

Crop

Cultivated plants or agricultural produce, such as grain, vegetables, or fruit, considered as a group.

Gizzard

A muscular, specialized stomach found in some animals including birds and insects, used for grinding up food, often with the aid of ingested stones or grit.