On September 1, the beginning of its fiscal year, Thietke Company Ltd.had an inventory of 93 calculators at a cost of $21 each. The company uses a perpetual inventory system. During September, the following transactions occurred Sept. 2 Purchased 676 calculators for $21 each from Digital Corp. on account, terms n/30. 10 Returned 10 calculators to Digital for $210 credit because they did not meet specifications 11 Sold 235 calculators for $30 each to Thietke Book Store, terms n/30. Granted credit of $300 to Thietke Book Store for the return of 10 calculators that were not ordered. The calculator were restored to 14 inventory 21 Sold 270 calculators for $30 each to Student Card Shop, terms 1/10, n/30. 29 Paid Digital the amount owing. 30 Received payment in full from the Student Card Shop. Part 1 Record the September transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, e-g. 125.) Date Account Titles and Explanation Debit Credit Sept. 2 10 (To record credit sale) (To record cost of merchandise sold) 14 To record return of goods) 14 To record cost of merchandise returned) 21 To record credit sale) 21 To record cost of merchandise sold) 29 30 Part 2 Create T accounts for the Inventory and Cost of Goods Sold accounts. Enter the opening balances and post the September transactions. (Post entries in the order presented in the problem) Inventory Sept.1 Bal. Sept 2 Sept.10 Sept.11 Sept.14 Sept.21 Sept 30 Bal. Cost of Goods Sold Part 3 Determine the ending balances of inventory and cost of goods sold in both dollars and quantities. Number of calculators Cost of calculators Ending Inventory Cost of Goods Sold