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 9 10 12 Purchased calculators from Crane Co. at a total cost of $1,716, an account, terms /30. Paid freight of $ 52on calculators purchased from Crane Co. Returned calculators to Crane Co.for $65 credit because they did not meet specifications. Sold calculators costing $536 for $720 to Cullumber Book Store, on account, terms 1/30 Granted credit of $ 48 to Cullumber Book Store for the return of one calculator that was not ordered. The calculator cost $39. Sold calculators costing $5BB for $788 to Ivanhoe Card Shop, on account, terms/30. 14 20 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 cs -45 or parentheses es (453) Assets A Accounts Receivable Date Cash Inventory Sep $ $ $ 9 10 12 14 20 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 9 10 Purchased calculators from Crane Co. at a total cost of $1716, an account, terms 1/30. Paid freight of $ 52 on calculators purchased from Crane Co. Returned calculators to Crane Co.for $ 85 credit because they did not meet specifications. Sold calculators costing $536 for $ 720 to Cullumber Book Store, on account, terms /30. Granted credit of $ 48 to Cullumber Book Store for the return of one calculator that was not ordered. The calculator cost $39. 12 14 20 Sold calculators costing $5BB for $788 to Ivanhoe Card Shop, on account, terms/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 expenses. (Enter negative amounts using either a negative sige preceding the number es-45 or parentheseses (45) Liabilities Stockholders' Equity Retained Earnings Accounts Payable Common Stock Rev. Exp. $ $ 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 10 12 Purchased calculators from Crane Co. at a total cost of $1716, an account, terms r/20. Paid freight of $ 52 on calculators purchased from Crane Co. Returned calculators to Crane Co.for $ 65 credit because they did not meet specifications. Sold calculators costing $536 for $ 720 to Cullumber Book Store, on account, terms /30. Granted credit of $ 48 to Cullumber Book Store for the return of one calculator that was not ordered. The calculator cost $39. Sold calculators costing $588 for $ 798 to Ivanhoe Card Shop, on account, terms /20. 14 20 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 sige preceding the number cs -45 or parentheses es (453) Stockholders' Equity tained Earnings Rev. . Div. Cost of goods sold Bad debt expense Accounts receivable Sales revenue Sales returns & allowances |