Current Attempt in Progress 2 On September 1, the beginning of its fiscal year, Burke Wholesale Company Ltd. had an inventory of 92 calculators at a cost of $19 each. The company uses a perpetual inventory system. During September, the following transactions occurred: Sept. Purchased 775 calculators for $19 each from Digital Corp. on account, terms /30. 10 Returned 10 calculators to Digital for $190 credit because they did not meet specifications. Sold 240 calculators for $30 each to Burke Book Store, terms n/30. Granted credit of $300 to Burke Book Store for the return of 10 calculators that were not ordered. The calculator were restored to inventory. 21 Sold 310 calculators for $30 each to Student Card Shop, terms 1/10, 1/30. Paid Digital the amount owing. Received payment in full from the Student Card Shop. 11 14 29 30