On September 1, Eden County Club had an inventory of 30 golf shirts at a cost of $18 each. The…


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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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