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Assume that on September 1 , Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During
Assume that on September 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 Dragoo Co at a total cost of $ on account, terms n
Sept. Paid freight of $ on calculators purchased from Dragoo Co
Sept. Returned calculators Dragoo for $ credit because they did not meet specifications.
Sept. Sold calculators costing $ for $ Fryer Book Store, account, terms
Sept. Granted credit of $ to Fryer Book Store for the return of one calculator that was not ordered. The calculation cost
$
Sept. Sold calculators costing $ for $ to Heasley Card Shop, on account, terms n
Journalize the September transactions
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