Business, 15.02.2021 20:20 sosick3595
Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, these transactions occurred.
Sept. 6 Purchased calculators from Sandhill Co. at a total cost of $1,680, terms n/30.
9 Paid freight of $50 on calculators purchased from Sandhill Co.
10 Returned calculators to Sandhill Co. for $51 credit because they did not meet specifications.
12 Sold calculators costing $460 for $640 to Fryer Book Store, terms n/30.
14 Granted credit of $40 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $29.
20 Sold calculators costing $500 for $720 to Heasley Card Shop, terms n/30.
Journalize the September transactions.
Answers: 2
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Assume that on September 1, Office Depot had an inventory that included a variety of calculators. Th...
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