DS Unlimited has the following transactions during August.

August $6$ Purchases $72$ handheld game devices on account from GaneGirl, Incorporated, for $$210$ each, terms $\frac{2}{10},\frac{n}{60},$

August $7$ Pays $$410$ to Sure Shipping for freight charges associated with the August $6$ purchase.

August $10$ Returns to GameGirl seven game devices that were defective.

August $14$ Pays the full amount due to GameGirl. August $23$ Sells $52$ game devices purchased on August $6$ for $$230$ each to customers on account. The total cost of the $52$ game devices

sold is $$11,030\mathrm{.}00.$

Required:

Record the transactions of DS Unlimited, assuming the company uses a periodic inventory system.

Record the period$-$end adjusting entry to cost of goods sold on August $31,$ assuming the company has no beginning inventory and

ending inventory has a cost of $$2,757.$

Complete this question by entering your answers in the tabs below.

Required $1$ Required $2$

Record the transactions of DS Unlimited, assuming the company uses a periodic inventory system. $($If no entry is required for a

transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Journal entry worksheet

Record the period$-$end adjusting entry.

Note: Enter debits before credits.DS Unlimited has the following transactions during August.

August $6$ Purchases $72$ handheld game devices on account from GameGirl, Incorporated, for $$210$ each, terms $2/10,$ n$/60.$

August $7$ Pays $$410$ to Sure Shipping for freight charges associated with the August $6$ purchase.

August $10$ Returns to GameGirl seven game devices that were defective.

August $14$ Pays the full amount due to GameGirl.

August $23$ Sells $52$ game devices purchased on August $6$ for $$230$ each to customers on account. The total cost of the $52$ game devices sold is $$11,030\mathrm{.}00.$

Required:

$1.$ Record the transactions of DS Unlimited, assuming the company uses a periodic inventory system.

$2.$ Record the period$-$end adjusting entry to cost of goods sold on August $31,$ assuming the company has no beginning inventory and ending inventory has a cost of $$2,757.$