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On September 1, Bramble Office Supply had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, the
On September 1, Bramble Office Supply had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, the following transactions occurred. Sept. 6 Purchased calculators from Kingbird Co. at a total cost of $1,785 terms n/30, FOB shipping point. 9 10 Paid freight of $85 on calculators purchased from Kingbird Co. Returned calculators to Kingbird Co. for $44 cash (including freight) because they did not mest specifications. Sold calculators costing $594 for $864 to Sura Book Store on account, termsn/30. 12 14 Granted credit of $32 to Sura Book Store for the return of one calculator that was not ordered. The calculator cost $22. 20 Sold 30 calculators costing S660 for $960 on account to Davis Card Shop, on account,terms n/30. Journalize the September transactions for Bramble Office Supply. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit (To record credit sale) (To record cost of merchandise sold) (To record merchandise returned) > (To record cost of merchandise returned) (To record credit sale) .
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