Do not give solution in image Whispering Winds Corp.Date Account Titles and ExplanationApr. 3Apr. 3Apr. 8Apr.8Apr. 30VVV>VAccounts ReceivableSalesCost of Goods SoldInventorySales Returns and AllowancesAccounts ReceivableInventoryCost of Goods SoldCashAccounts Receivable4Debit25 300Credit25 300 Whispering Winds Corp. uses a periodic inventory system. The company had the following inventory transactions in April:April 3 Purchased merchandise from Ayayai Ltd. for $25,300, terms n/30, FOB shipping point.The appropriate company paid freight costs of $690 on the merchandise purchased on April 3.Purchased supplies on account for $5,090.Returned damaged merchandise to Ayayai received a credit of $3,700. The merchandise was returned to inventoryfor future resale.Paid the amount due to Ayayai in full.1.2.3.a7830The cost of the merchandise sold on April 3 was $18,270. Ayayai expected a return rate of 15%.The cost of the merchandise returned on April 8 was $2,300.Ayayai uses a periodic inventory system.

Name: Do not give solution in image Whispering Winds Corp.Date Account Title
Uploaded: 2024-03-20T06:32:37.000Z
Channel: Bartleby
Description: Do not give solution in image Whispering Winds Corp.Date Account Titles and ExplanationApr. 3Apr. 3Apr. 8Apr.8Apr. 30VVV>VAccounts ReceivableSalesCost of Goods SoldInventorySales Returns and AllowancesAccounts ReceivableInventoryCost of Goods SoldCas