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 $1,680, terms n/30.
9		Paid freight of $60 on calculators purchased from Dragoo Co.
10		Returned calculators to Dragoo Co. for $58 credit because they did not meet specifications.
12		Sold calculators costing $580 for $810 to Fryer Book Store, terms n/30.
14		Granted credit of $45 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $33.
20		Sold calculators costing $570 for $740 to Heasley Card Shop, terms n/30.