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E5.3 (LO 2, 3), AP Assume that on September 1, Office Depot had an inventory that included a variety of calcul The company uses a
E5.3 (LO 2, 3), AP Assume that on September 1, Office Depot had an inventory that included a variety of calcul The company uses a perpetual inventory system. During September, these transactions occurred. Sept. 6 Purchased calculators from Dragoo Co. at a total cost of $1,600, on account, terms n/30, FOB shippi point. 9 Paid freight of $50 on calculators purchased from Dragoo Co. 10 Returned calculators to Dragoo Co. for $66 credit because they did not meet specifications. 12 Sold calculators costing $520 for $690 to Fryer Book Store, on account, terms n /30. 14 Granted credit of $45 to Fryer Book Store for the retum of one calculator that was not ordered. The calculator cost $34. 20 Sold calculators costing $570 for $760 to Heasley Card Shop, on account, terms n/30. Instructions Journalize the September transactions for Office Depot
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