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 Dragoo Co. at a total cost of $1,640, terms n/30. | |
---|---|---|
9 | Paid freight of $50 on calculators purchased from Dragoo Co. | |
10 | Returned calculators to Dragoo Co. for $55 credit because they did not meet specifications. | |
12 | Sold calculators costing $470 for $630 to Fryer Book Store, terms n/30. | |
14 | Granted credit of $35 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $21. | |
20 | Sold calculators costing $530 for $680 to Heasley Card Shop, terms n/30. |
Journalize the September transactions. (If no entry is
required, select "No Entry" for the account titles and enter 0 for
the amounts. Credit account titles are automatically indented when
amount is entered. Do not indent manually. Record journal entries
in the order presented in the problem.)
Date |
Account Titles and Explanation |
Debit |
Credit |
---|---|---|---|
Choose a transaction date Sept. 6Sept. 9Sept. 10Sept. 12Sept. 14Sept. 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. 6Sept. 9Sept. 10Sept. 12Sept. 14Sept. 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. 6Sept. 9Sept. 10Sept. 12Sept. 14Sept. 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. 6Sept. 9Sept. 10Sept. 12Sept. 14Sept. 20 |
Enter an account title to record credit sales |
Enter a debit amount |
Enter a credit amount |
Enter an account title to record credit sales |
Enter a debit amount |
Enter a credit amount |
|
(To record credit sales) |
|||
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. 6Sept. 9Sept. 10Sept. 12Sept. 14Sept. 20 |
Enter an account title to record credit granted for returned goods |
Enter a debit amount |
Enter a credit amount |
Enter an account title to record credit granted for returned goods |
Enter a debit amount |
Enter a credit amount |
|
(To record credit granted for returned goods) |
|||
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. 6Sept. 9Sept. 10Sept. 12Sept. 14Sept. 20 |
Enter an account title to record sales |
Enter a debit amount |
Enter a credit amount |
Enter an account title to record sales |
Enter a debit amount |
Enter a credit amount |
|
(To record sales) |
|||
Enter an account title to record cost of goods sold |
Enter a debit amount |
Enter a credit amount |
|
Enter an account title to record cost of goods sold |
Enter a debit amount |
Enter a credit amount |
|
(To record cost of goods sold) |
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. 6 Purchased calculators from Carla Vista Co. at a total cost of $1,800, terms n/30. 9 Paid freight of $50 on calculators purchased from Carla Vista Co. 10 Returned calculators to Carla Vista Co. for $51 credit because they did not meet specifications. 12 Sold calculators costing $460 for $670 to...
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Question 3 View Policies Current Attempt in Progress 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 Dragoo Co. at a total cost of $1.650 terms n/30 9 Paid freight of $50 on calculators purchased from Dragoo Co. 10 Returned calculators to Dragoo Co. for $66 credit because they did not meet specifications. 12 Sold calculators...
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