Jeff frequently visits the local bar on his way home from his second shift factory job. he and his coworkers often have a beer or two before going home in night. jeff and his friends are anxious to arrive to the bar on this particular night because his favorite nfl team was playing. he hopes they will arrive to view the fourth quarter of the game. as he enters the bar, he notes a group of noisy, obnoxious rival fans that have had too many drinks. jeff asks the group to quiet down so he can hear the game. he is immediately approached by the members of the group asking if they want to make an issue of the game. before jeff can answer, one member of the group throws a punch. within minutes, a full bar brawl gets ensued. jeff ends up with a fractured skull, which results in brain damage.

Alpha company uses the periodic inventory system for purchase & sales of merchandise. discount terms for both purchases & sales are, 2/10, n30 and the gross method is used. unless otherwise noted, fob destination will apply to all purchases & sales. the value of inventory is based on periodic system. on january 1, 2016, beginning inventory consisted of 350 units of widgets costing $10 each. alpha prepares monthly income statements. the following events occurred during the month of jan.: dateactivitya.jan. 3purchased on account 350 widgets for $11 each.b.jan. 5sold on account 400 widgets for $30 each. paid freight out with petty cash of $150.c.jan. 10purchased on account 625 widgets for $12 each.d.jan. 11shipping cost for the january 10 purchased merchandise was $400 was paid with a cheque by alpha directly to the freight company.e.jan. 12returned 50 widgets received from jan. 10 purchase as they were not the correct item ordered.f.jan. 13paid for the purchases made on jan. 3.g.jan. 21sold on account 550 widgets for $30 each. paid freight out with petty cash of $250.h.jan. 22authorize credit without return of goods for 50 widgets sold on jan. 21 when customer advised that they were received in defective condition.i.jan. 25received payment for the sale made on jan. 5.j.jan. 26paid for the purchases made on jan. 10.k.jan. 31received payment for the sale made on jan. 21.use this information to prepare the general journal entries (without explanation) for the january events. if no entry is required then enter the date and write "no entry required."