Presented here are selected transactions for Norlan Inc. during September of the current year. Norlan uses a perpetual inventory system. Norlan estimates a return rate of 5% based on past experience.

Sept.	2		Purchased equipment on account for $ 65,000, terms n/30, FOB destination.
	3		Freight charges of $ 950 were paid by the appropriate party on the September 2 purchase of equipment.
	4		Purchased supplies for $ 4,000 cash.
	6		Purchased inventory on account from Hillary Corp. at a cost of $ 65,000, terms 1/15, n/30, FOB shipping point.
	7		Freight charges of $ 1,600 were paid by the appropriate party on the September 6 inventory purchase.
	8		Returned damaged goods costing $ 5,000 that were originally purchased from Hillary Corp. on September 6. Received a credit on account.
	9		Sold goods costing $ 15,000 to Fischer Limited for $ 20,000 on account, terms n/30, FOB destination.
	10		Freight charges of $ 375 were paid by the appropriate party on the September 9 sale of inventory.
	17		Received the balance due from Fischer.
	20		Paid Hillary Corp. the balance due.
	21		Purchased inventory for $ 6,000 cash.
	22		Sold inventory costing $ 20,000 to Kun-Tai Inc. for $ 27,000 on account, terms n/30, FOB shipping point.
	23		Freight charges of $ 500 were paid by the appropriate party on the September 22 sale of inventory.
	28		Kun-Tai returned goods sold for $ 1,000 that cost $ 750. The merchandise was restored to inventory.

Record the September transactions on Norlan's books. (List all debit entries before credit entries. 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 for the amounts. Round answers to the nearest whole dollar, e.g. 5,275.) Date Account Titles and Explanation Debit Credit Sept. 2 equipment 65000 Accounts Payable 6: Sept. 3 Sept. 4 supplies 4000 cash Sept. 6 Inventory 65000 Accounts Payable 6: Sept. 7 Inventory 1600 cash Sept. 8 Accounts Payable 5000 Inventory Sept. 9 Accounts Receivable 20000 2C (Sale of merchandise on account) Sept. 9 Cost of Goods Sold (Cost of goods sold recorded) Sept. 10 Freight out cash Sept. 17 Cash 20000 Sept. 20 Accounts Payable 60000 Cash Sept. 21 6000 cash 6000 Sept. 22 Accounts Receivable 27000 (Sale of merchandise on account) DIO (Cost of goods sold recorded) (Cost of goods sold recorded) > IN IN UNA CARE IN QUO ONE