Question
on september 1 , Salman had an inventory of 30 books at a cost of $18 each the company used a perpetual inventory system during
on september 1 , Salman had an inventory of 30 books at a cost of $18 each the company used a perpetual inventory system during september the following transaction occured
sept 6 purchased 90 books at $22 each from rehman inc. term net/30
sept 9 paid freight of $828 on books purchased from rehman inc.
sept 10 returned 3 books to rehman inc. for $69 credit (including freight) because they did not meet specification
sept 12 sold 828 books costing $23 (including freight) for $31 each to sara book store term n/30
sept 20 sold 30 books costing of $828 for $32 each to sadaf card shop term n/30
journalize the September transactions
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