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ompany B, has the following transactions during August. August 6 Sold 80 handheld game devices for $250 each to Company A on account, terms 2/10,
ompany B, has the following transactions during August. August 6 Sold 80 handheld game devices for $250 each to Company A on account, terms 2/10, net 60. The cost of the 80 game devices sold was $230 each. August 10 Company A returned five game devices purchased on August 6 since they were defective. August 14 Received full amount due from Company A. Required: Prepare the transactions for Company B, assuming the company uses a perpetual inventory system. The
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