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Question 1 1 of 1 1 View Policies Current Attempt in Progress On August 3 1 , Ivanhoe Supply had an inventory of 2 0

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On August 31, Ivanhoe Supply had an inventory of 20 backpacks at a cost of $18 each. The company uses a perpetual inventory system. During September, the following transactions and events occurred:
Sep. 3 Purchased 54 backpacks at $20 each from Janzen, terms n30. Received a 10% quantity discount.
6 Received credit of $72 for the return of four backpacks purchased on September 3 that were defective.
7 Paid for the September 3 purchase.
9 Sold 20 backpacks for $35 each to McGill Books, terms n30. The cost of each backpack was $18 each.
13 Cash sales of 15 backpacks for $35 each to Calvin Office Supply.
21 Purchased 28 backpacks at $18 each from Coleman Company, terms 210,n30.
30 A physical inventory count indicated an ending inventory balance of $910.
Journalize the September transactions for Stanton Supply, using a perpetual inventory system. (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 0 for the amounts. List all debit entries before credit entries.)
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