Business, 29.05.2021 17:00 wickedskatboarder

In July, the following transactions were completed. All purchases and sales were on account. The cost of all merchandise sold was 70% of the sales price. July 1 Purchased merchandise from Eby Company $8,440.
2 Received freight bill from Shaw Shipping on Eby purchase $420.
3 Made sales to Fort Company $1,030 and to Hefner Bros. $2,200.
5 Purchased merchandise from Getz Company $3,140.
8 Received credit on merchandise returned to Getz Company $290.
13 Purchased store supplies from Dayne Supply $700.
15 Purchased merchandise from Eby Company $3,670 and from Bosco Company $4,360.
16 Made sales to Aybar Company $3,980 and to Hefner Bros. $1,850.
18 Received bill for advertising from Welton Advertisements $650.
21 Sales were made to Fort Company $200 and to Duncan Company $2,920.
22 Granted allowance to Fort Company for merchandise damaged in shipment $60.
24 Purchased merchandise from Getz Company $3,000.
26 Purchased equipment from Dayne Supply $850.
28 Received freight bill from Shaw Shipping on Getz purchase of July 24, $300.
30 Sales were made to Aybar Company $5,460.

Required:
Post to both the general and subsidiary ledger accounts.

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In July, the following transactions were completed. All purchases and sales were on account. The cos...

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