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DS Unlimited has the following transactions during August. August 6 Purchases 68 handheld game devices on account from GameGirl, Inc., for $190 each, terms 1/10,
DS Unlimited has the following transactions during August.
| August | 6 | Purchases 68 handheld game devices on account from GameGirl, Inc., for $190 each, terms 1/10, n/60. | ||
| August | 7 | Pays $390 to Sure Shipping for freight charges associated with the August 6 purchase. | ||
| August | 10 | Returns to GameGirl eight game devices that were defective. | ||
| August | 14 | Pays the full amount due to GameGirl. | ||
| August | 23 | Sells 48 game devices purchased on August 6 for $210 each to customers on account. The total cost of the 48 game devices sold is $9,341.00. |
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Financial Modeling
Authors: Simon Benninga
3rd Edition
0262026287, 9780262026284
