pt1 pt2

DS Unlimited has the following transactions during August. August 6 Purchases 90 handheld game devices on account from GameGirl, Inc., for $300 each, terms 2/10, n/60. August 7 Pays $500 to Sure Shipping for freight charges associated with the August 6 purchase. August 10 Returns to GameGirl six game devices that were defective. August 14 Pays the full amount due to GameGirl. August 23 Sells 70 game devices purchased on August 6 for $320 each to customers on account. The total cost of the 70 game devices sold is $20,997.00. Required: Record the transactions of DS Unlimited, assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 2 3 4 5 6 Record purchase of 90 handheld game devices on account from GameGirl, Inc., for $300 each, terms 2/10, n/60. Note: Enter debits before credits. Date General Journal Debit Credit August 06 Record entry Clear entry View general journal On June 5, Staley Electronics purchases 160 units of inventory on account for $16 each. After closer examination, Staley determines 20 units are defective and returns them to its supplier for full credit on June 9. All remaining inventory is sold on account on June 16 for $27 each. Required: Record transactions for the purchase, return, and sale of inventory assuming the company uses a perpetual inventory system. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 4 Record the purchase of inventory on account. Note: Enter debits before credits. General Journal Debit Credit Date June 05 Record entry Clear entry View general journal