Question

Please help me fill out based on the accounts i provided on the screenshot.

Exercise 5-2

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 $1,700, terms n/30.
9		Paid freight of $60 on calculators purchased from Dragoo Co.
10		Returned calculators to Dragoo Co. for $63 credit because they did not meet specifications.
12		Sold calculators costing $450 for $610 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 $22.
20		Sold calculators costing $650 for $850 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.)

← C ii Seoure https eduqen.wierplus.com.eduqen/t/manuni Return ta Rlxkboard I, Accounting, Gc Exercise 5-2 assure that on eptember 1, Office Depot had on nventory that includec variety of calculators. The company uses Scpt. G Purchased calculators from Drogco cc, atユtotal cost of $1,700, terms n/30. h 5 Part 2H perpetual inventory system. During Septcmber、thess transacticns occurrec. paid freight at 60 an calculators purchased tram Drag“ Co. Reviow Results hy Sthadv Obiectlve 12 Sold calculators costing $450 for $010 to Fryer Book Store, terms ry30 14 Crantad credit cr s35 to Fryer Book Store tor the return ot cna calculator that was not ordered. The calculator cost 22. 0 Sald calkulatars csting $650 for sA5 to Hasey Card hap, terms . tor the account titles and enter 0 tor the amounts. credit account titles areおutomaticall Indented when amount Is entered. Do not lndent umalize the scptembar tantat dons. (It no entry Is required, select No Entry manually, Record journal entries in Uhe order presevntec is Ure problern) nate Accout Titles and Fxplanation To record credt granted for rstumed gooc 。lype here to search

Answer 1

	Date	Account titles & Explanations				Debit	Credit
	6-Sep	inventory				1,700
		Accounts payable					1,700
	9-Sep	inventory				60
		cash					60
	10-Sep	Accounts payable				63
		inventory					63
	12-Sep	Account receivable				610
		sales					610
		cost of goods sold				450
		inventory					450
	14-Sep	Sales return and allowance				35
		Account receivable					35
		inventory				22
		cost of goods sold					22
	20-Sep	Account receivable				850
		sales					850
		cost of goods sold				650
		inventory					650