Return to Blackboard S Weygand Financial and Materiale CALCULATOR Exercise 5-03 On September 1, Sarasota Office Supply had an inventory of 35 calculators at a cost of $16 each. The company uses a perpetual inventory system. During September, the following transactions occurred Sept. 6 Purchased with cash 85 calculators at $25 each from Concord Corporation Sept. 9 Paid freight of $85 on calculators purchased from Concord Corporation Sept. 10 Returned 5 calculators to Concord Corporation for $130 cash (including freight) because they did not meet specifications. Sept. 12 Sold 27 calculators costing $26 (including freight) for $32 each on account to Lee Book Store, terms w/30 Sept. 14 Granted credit of $32 to Lee Book Store for the return of one calculator that was not ordered. Sept. 20 Sold 31 calculators costing $26 for $33 each on account to Orr's Card Shop, terms 1/30. Journalize the September transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the ac titles and enter for the amounts Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Credit (To record credit sale) D O BI ch E S Weygandemianciancamd Managerial, 3e (To record credit sale) (To record cost of merchandise sold) (To record merchandise returned) V (To record cost of merchandise returned) (To record credit sale) (To record cost of merchandise sold) search o Haji