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Assume that on September 1, Office Depot had an imventory that included a variety of calculators. The company uses a perpetual inventory system, During September,

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Assume that on September 1, Office Depot had an imventory 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 $1,947, on account, terms n/30. 9 Paid freight of $59 on calculators purchased from Carla Vista Co. 10 Returned calculators to Carla Vista Co, for $72 credit because they did not meet specifications. 12 Sold calculators costing $606 for $818 to Sandhill Book Store, on account, terms n/30. 14 Granted credit of $55 to Sandhill Book Store for the return of one calculator that was not ordered. The calculator cos$46 20 Sold calculators costing $665 for $893 to Wildhorse Card $ hop, on account, terms n/30. 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 Iexpenses. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Prepare a tabular summary to record the transactions for the menth 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 precedins the number es. -45 or parentheses e.g. (45).)

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