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GameGirl, Incorporated, has the following transactions during August. August 6 Sold 9 0 handheld game devices for $ 3 0 0 each to DS Unlimited
GameGirl, Incorporated, has the following transactions during August.
August Sold handheld game devices for $ each to DS Unlimited on account, terms net The cost of the game devices sold was $ each.
August DS Unlimited returned six game devices purchased on August since they were defective.
August Received full amount due from DS Unlimited.
Required:
Prepare the transactions for GameGirl, Incorporated, assuming the company uses a perpetual inventory system. The items returned on August were considered worthless to GameGirl and were discarded. If no entry is required for a transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
Sold handheld game devices for $ each to DS Unlimited on account, terms net The cost of the game devices sold ws $ each.
Record the sale of inventory on account
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