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Exercise 6-19 Record inventory purchases and sales using a periodic system (LO6-8) The following information applies to the questions displayed belowJ DS Unlimited has the
Exercise 6-19 Record inventory purchases and sales using a periodic system (LO6-8) The following information applies to the questions displayed belowJ DS Unlimited has the following transactions during August. August 6 Purchases 70 handheld game devices on account from GameGirl, Inc., for $200 each, terms 1/10, n/60 August 7 Pays $400 to Sure Shipping for freight charges associated with the August 6 purchase August 10 Returns to GameGirl six game devices that were defective August 14 Pays the full amount due to GameGirl. August 23 Sells 50 game devices purchased on August 6 for $220 each to customers on account. The total cost of the 50 game devices sold is $10,212.50
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