FINANCACCONTWEEK3 - Homework Week 3 E5-2 Assume that on...

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Homework Week 3E5-2 Assume that on September 1, Office Depot had an inventory that included a variety of calculations. The company uses a perpetual inventory system. During September, these transactions occurred.20 Sold calculators costing $570 for $760 to Heasley Card Shop, terms n/30.Journalize the September Transactions.Sept.6 Purchase calculators from Dragoo Co. at a total cost of $1,650, terms n/30.9 Paid freight of $50 on calculators purchased from Dragoo Co.10 Returned calculators to Dragoo Co. for $66 credit because they did not meet specifications.12 Sold calculators costing $520 for $690 to Fryer Book Store, terms n/30.14Granted credit of $45 to Fryer Book Store for the return of one calculator that was not ordered. The calculator costs $34.September 6Purchase$1,650Freight costs$50Purchase return$66Costs of goods sold$690Credit Allowance$11

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