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S Unlimited has the following transactions during August. August 6 Purchases 56 handheld game devices on account from GameGirl, Incorporated, for $130 each, terms 1/10,
S Unlimited has the following transactions during August.
August 6 | Purchases 56 handheld game devices on account from GameGirl, Incorporated, for $130 each, terms 1/10, n/60. |
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August 7 | Pays $330 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 36 game devices purchased on August 6 for $150 each to customers on account. The total cost of the 36 game devices sold is $4,871.00. |
Required: Record the transactions of DS Unlimited, assuming the company uses a perpetual inventory system
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