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Please answer ALL parts DS Unlimited has the following transactions during August. August 6 Purchases 88 handheld game devices on account from GameGirl, Incorporated, for
Please answer ALL parts
DS Unlimited has the following transactions during August. August 6 Purchases 88 handheld game devices on account from GameGirl, Incorporated, for $290 each, terms 1/10, n/60. August 7 Pays $490 to Sure Shipping for freight charges associated with the August 6 purchase. August 10 Returns to GameGirl eight game devices that were defective. August 14 Pays the full amount due to GameGirl. August 23 Sells 68 game devices purchased on August 6 for $310 each to customers on account. The total cost of the 68 game devices sold is $19,939.00. Required: 1. Record the transactions of DS Unlimited, assuming the company uses a periodic inventory system. 2. Record the period-end adjusting entry to cost of goods sold on August 31, assuming the company has no beginning inventory and ending inventory has a cost of $3,519. Record the transactions of DS Unlimited, assuming the company uses a periodic inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 2 3 4 5 6 Record purchase of 88 handheld game devices on account from GameGirl, Incorporated, for $290 each, terms 1/10,n/60. Note: Enter debits before credits. Record the transactions of DS Unlimited, assuming the company uses a periodic inventory system. (If no entry is required for a ransaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet (4) 6 ( 6 Record payment of $490 to Sure Shipping for freight charges associated with the August 6 purchase. Note: Enter debits before credits. tecord the transactions of DS Unlimited, assuming the company uses a periodic inventory system. (If no entry is required for a ransaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record return to GameGirl eight game devices that were defective. Note: Enter debits before credits. Record the transactions of DS Unlimited, assuming the company uses a periodic inventory system. (If no entry is required for a ransaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 1 2 6 Record payment of the full amount due to GameGirl. Note: Enter debits before credits. eecord the transactions of DS Unlimited, assuming the company uses a periodic inventory system. (If no entry is required for a ransaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheetStep by Step Solution
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