E4.15 facts:

The following transactions occurred during the year of Dave's TVs, Inc., a retail company that uses a perpetual inventory system and records purchases at their gross purchase price before taking discounts offered:

March 1: Purchased inventory for $71,000 (gross price). The terms of the purchase were 2/1, n/30.

March 4: Returned merchandise which was defective that had a gross price (before taking any discount) of $1,000.

March 9: Paid the balance owed on purchases of March 1

butlab.com tjuv-my.sharepoi counting (Revised) 2/e Ch 4 2020 Sunday - 100 Document11 - Saved Prepare entries that Dave's TVs, Inc. made on these three dates. 3 Using the facts from E4.15 except that the balance owed was paid on March 30 rather than March 9, prepare the entries needed on March 1, March 4, and March 30 on the books of Dave's TVs, Inc. Desktop App Search 100% 50% Lenny's Clothesline, Inc The following transactions occurred during the year for Harry's Bargain Basement, Inc., a retail company that uses a periodic inventory system and records purchases at their gross purchase price before taking any discounts offered: March 1: Purchased inventory for $71,000 (gross price). The terms of the purchase were 2/10, 1/30 March 4: Returned merchandise which was defective that had a gross price (before taking any discount) of $1,000 March 9: Paid the balance owed on purchases of March Prepare entries that Harry's Bargain Basement, Inc. made on these three dates. B Using the facts from E4.17 except that the balance owed was paid on March 30 rather than March 9, prepare the entries needed on March 1, March 4, and March 30 on the books of Harry's Bargain Basement, Inc. Ch 4 Sec 8 Shift +c me Statement- Periodic Inventor or the Year Ended December 31, Pg. 99 (Shift + p) $3,0 Scroll Up (Shift + s) $3,7 . ($28 $3,0 $6, 67: Scroll Down 5 4.19 through 4.25 are based on the following information. the Downtown Appliance Center, Inc. is a retailer of consumer appliances. One of its products the Auto-Off Iron which had the following beginning inventory, purchase, and sales history uring the current year: Hoflrons Cost per Iron Total Cost January 1 inventory ... $161 May 6 purchases $26 $364 November 10 purchases $270 Available for sale....--- $795 July 14 sales December 31 inventory . 823 830 Pg. 101 (P) Basellimice of each Auto-ondrom all wear was 40 MacBook Air