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Question 3) Assume that on May 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system.

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Question 3) Assume that on May 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During May, these transactions occurred. May 6 Sold calculators costing $444 for $666 to Fryer Book Store, terms n/30. 9 Granted credit of $54 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $43. 10 Sold calculators costing $570 for $760 to Heasley Card Shop, terms n/30. 12 Purchased calculators from Dragoo Co, at a total cost of $2,800, terms n/30. 14 Paid freight of $230 on calculators purchased from Dragoo Co. 20 Returned calculators to Dragoo Co. for $66 credit because they did not meet specifications. Instructions: Journalize the May transactions (in color)

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