Reineman Supply Company uses a periodic inventory system. During September, the following transactions and events occurred.
Sept. 3 Purchased 90 backpacks at $25 each from Zuzu Company, terms 2/10, n/30.
Sept. 6 Received credit of $150 for the return of 6 backpacks purchased on Sept. 3 that were defective.
Sept. 9 Sold 15 backpacks for $42 each to Bailey Books, terms 2/10, n/30.
Sept. 13 Paid Zuzu Company in full.
Instructions
Journalize the September transactions for Reineman Supply Company.

Question

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The Answer of Reineman Supply Company uses a periodic inventory system. During September, the following transactions and events occurred.
Sept. 3 Purchased 90 backpacks at $25 each from Zuzu Company, terms 2/10, n/30.
Sept. 6 Received credit of $150 for the return of 6 backpacks purchased on Sept. 3 that were defective.
Sept. 9 Sold 15 backpacks for $42 each to Bailey Books, terms 2/10, n/30.
Sept. 13 Paid Zuzu Company in full.
Instructions
Journalize the September transactions for Reineman Supply Company.

Reineman Supply Company Uses a Periodic Inventory System