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Exercise 6-12A Record transactions using a perpetual system (LO6-5) Gamegirl Inc., has the following transactions during August. August 6 Sold 78 handheld game devices
Exercise 6-12A Record transactions using a perpetual system (LO6-5) Gamegirl Inc., has the following transactions during August. August 6 Sold 78 handheld game devices for $240 each to DS Unlimited on account, terms 1/10, net 60. The cost of the 78 game devices sold, was $220 each. August 10 DS Unlimited returned eight game devices purchased on 6th August since they were defective. August 14 Received full amount due from DS Unlimited. Required: Prepare the transactions for GameGirl, Inc., assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list
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