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2)Review the following transactions for Birdy Birdhouses and record any required journal entries

Accounting Jan 18, 2021

2)Review the following transactions for Birdy Birdhouses and record any required journal entries. Sep. 6 Birdy Birdhouses purchases 55 birdhouses at $13 each with cash. Sep. 8 Birdy Birdhouses purchases 80 birdhouses at $18 each on credit. Terms of the purchase are X/10, n/30, invoice date September 8. Sep. 10 Birdy discovers 12 of the birdhouses are damaged from the Sep. 6 purchase and returns them to the supplier for a full refund. Birdy also discovers that 8 of the birdhouses from the Sep. 8 purchase are painted the wrong color but keeps them since the supplier granted an allowance of $20 per birdhouse. Sep. 18 Birdy pays their account in full from the September 8 purchase, less any returns, allowances, and/or discounts.

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