All watches are sold for $301 each.
| Jul. | 17 | Purchased 57 watches for $8,151 ($143 per watch) on account. | |
| Jul. | 31 | Sold 42 watches for $12,642 cash. | |
| Aug. | 12 | Purchased 43 watches for $6,622 ($154 per watch) cash. | |
| Aug. | 22 | Sold 21 watches for $6,321 on account. | |
| Sep. | 19 | Paid for watches ordered on July 17. | |
| Sep | 27 | Received full payment for watches sold on account on August 22. | |
| Oct. | 27 | Purchased 88 watches for $14,784 ($168 per watch) cash. | |
| Nov. | 20 | Sold 115 watches for $34,615 cash. | |
| Dec. | 4 | Purchased 105 watches for $18,270 ($174 per watch) cash. | |
| Dec. | 8 | Sold 36 watches for $10,836 on account. Don't use plagiarized sources. Get Your Custom Essay on accounting homework problem 384249 For $10/Page 0nly
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