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Journal Entries for Sale, Return, and Remittance-Perpetual System On September 13, Brady Company sold merchandise with an invoice price of $1,200 ($900 cost), with terms

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Journal Entries for Sale, Return, and Remittance-Perpetual System On September 13, Brady Company sold merchandise with an invoice price of $1,200 ($900 cost), with terms of 2/10, 1/30, to Dalton Company. On September 17, 5180 of the merchandise (5130 cost) was returned because it was the wrong model. On September 23, Brady Company received a check for the amount due from Dalton Company Required Prepare the journal entries made by Brady Company for these transactions, Brady uses the perpetual inventory system. Round your answers to the nearest dollar. General Journal Date Description Beb Credit Sepe 13 Sold merchandise to Dahon Company terms 2/10, 13 . Cost of merchandise od to Data Comar 17 . Merchandise by Don Company 17 . Comented by Date Company

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