Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / Assume that on September 1, Office Depot had an inventory that included a variety of calculators
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. 6Purchased calculators from Dragoo Co. at a total cost of $1,460, on account, terms n/30.Sept. 9Paid freight of $50 on calculators purchased from Dragoo Co.Sept. 10Returned calculators to Dragoo Co. for $67 credit because they did not meet specifications.Sept. 12Sold calculators costing $510 for $690 to Fryer Book Store, on account, terms n/30.Sept. 14Granted credit of $44 to Fryer Book Store for the return of one calculator that was not ordered. The calculation cost $33.Sept. 20Sold calculators costing $550 for $750 to Heasley Card Shop, on account, terms n/30.
Journalize the September transactions.(Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)
Date
Account Titles and Explanation
Debit
Credit
choose a transaction date
Sept. 6
Sept. 9
Sept. 10
Sept. 12
Sept. 14
Sept. 20
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
choose a transaction date
Sept. 6
Sept. 9
Sept. 10
Sept. 12
Sept. 14
Sept. 20
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
choose a transaction date
Sept. 6
Sept. 9
Sept. 10
Sept. 12
Sept. 14
Sept. 20
enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
choose a transaction date
Sept. 6
Sept. 9
Sept. 10
Sept. 12
Sept. 14
Sept. 20
enter an account title to record credit sale
enter a debit amount
enter a credit amount
enter an account title to record credit sale
enter a debit amount
enter a credit amount
(To record credit sale)
choose a transaction date
Sept. 6
Sept. 9
Sept. 10
Sept. 12
Sept. 14
Sept. 20
enter an account title to record cost of merchandise sold
enter a debit amount
enter a credit amount
enter an account title to record cost of merchandise sold
enter a debit amount
enter a credit amount
(To record cost of merchandise sold)
choose a transaction date
Sept. 6
Sept. 9
Sept. 10
Sept. 12
Sept. 14
Sept. 20
enter an account title to record merchandise returned
enter a debit amount
enter a credit amount
enter an account title to record merchandise returned
enter a debit amount
enter a credit amount
(To record merchandise returned)
choose a transaction date
Sept. 6
Sept. 9
Sept. 10
Sept. 12
Sept. 14
Sept. 20
enter an account title to record cost of merchandise returned
enter a debit amount
enter a credit amount
enter an account title to record cost of merchandise returned
enter a debit amount
enter a credit amount
(To record cost of merchandise returned)
choose a transaction date
Sept. 6
Sept. 9
Sept. 10
Sept. 12
Sept. 14
Sept. 20
enter an account title to record credit sale
enter a debit amount
enter a credit amount
enter an account title to record credit sale
enter a debit amount
enter a credit amount
(To record credit sale)
choose a transaction date
Sept. 6
Sept. 9
Sept. 10
Sept. 12
Sept. 14
Sept. 20
enter an account title to record cost of merchandise sold
enter a debit amount
enter a credit amount
enter an account title to record cost of merchandise sold
enter a debit amount
enter a credit amount
(To record cost of merchandise sold)
