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6 Current Attempt in Progress Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a

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6 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. Purchased calculators from Sandhill Co. at a total cost of $1,617, on account, terms /30. Paid freight of $49 on calculators purchased from Sandhill Co. 10 Returned calculators to Sandhill Co. for $62 credit because they did not meet specifications. Sold calculators costing $506 for $678 to Wildhorse Book Store, on account, terms 1/30. Granted credit of $45 to Wildhorse Book Store for the return of one calculator that was not ordered. The calculator cost $36. 20 Sold calculators costing $555 for $743 to Blossom Card Shop, on account, terms 1/30. 9 12 14 Prepare a tabular summary to record the transactions for the month of September for Office Depot using a perpetual Inventory system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number e.s. -15 or parentheses es. (45).) Assets Date Cash Accounts Receivable Inventory Sep. 6 $ $ 9 10 12 14 20 system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the numberes.-45 or parentheses es. (45).) Liabilities Retained Earnings Inventory Accounts Payable Common Stock Rev. $ $ $ $ system. Include margin explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses es. (45)) Stockholders' Equity cained Earnings Rev. Exp. Div. $

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