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M Inbox - merc4365@fredonia.edu X yplus.com/edugen/student/mainfr.uni e Maps a Welcome, Joseph New Tab WileyPLUSI HyWilevPLUS I Hele I Contact Us I PRINCIPLES OF ACCOUNTING (ACCT 201 Kimmel, Accounting, 7e Assignment Gradebook ORION Downloadable eTextbook ent CALCULATOR FULL SCREEN PRINTER VERSION BACK N Exercise 5-03 Assume that on September 1, office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, these transactions occurred. Sept. 6 Purchased calculators from Wildhorse Co. at a total cost of $1,680, terms n/30. Paid freight of $60 on calculators purchased from Wildhorse Co. 10 Returned calculators to Wildhorse Co. for $65 credit because they did not meet specifications. Sold calculators costing $520 for $670 to Fryer Book Store, terms n/30. 9. 12 14 Granted credit of $35 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $22. 20 Sold calculators costing $540 for $760 to Heasley Card Shop, terms n/30. Journalize the September transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Debit Credit Date Account Titles and Explanation

M Inbox - merc4365@fredonia.edu X yplus.com/edugen/student/mainfr.uni e Maps a Welcome, Joseph New Tab WileyPLUSI HyWilevPLUS I Hele I Contact Us I PRINCIPLES OF ACCOUNTING (ACCT 201 Kimmel, Accounting, 7e Assignment Gradebook ORION Downloadable eTextbook ent CALCULATOR FULL SCREEN PRINTER VERSION BACK N Exercise 5-03 Assume that on September 1, office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, these transactions occurred. Sept. 6 Purchased calculators from Wildhorse Co. at a total cost of $1,680, terms n/30. Paid freight of $60 on calculators purchased from Wildhorse Co. 10 Returned calculators to Wildhorse Co. for $65 credit because they did not meet specifications. Sold calculators costing $520 for $670 to Fryer Book Store, terms n/30. 9. 12 14 Granted credit of $35 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $22. 20 Sold calculators costing $540 for $760 to Heasley Card Shop, terms n/30. Journalize the September transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Debit Credit Date Account Titles and Explanation

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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M Inbox - merc4365@fredonia.edu X A edugen.wileyplus.com/edugen/student/mainfr.uni nail O YouTube Maps Welcome, Joseph -. O New Tab WileyPLUS: HyWileyPLUS I Hele I Contact Us I PLUS PRINCIPLES OF ACCOUNTING (ACCT 201 Kimmel, Accounting, 7e Study & Practice Assignment Gradebook ORION Downloadable eTextbook Open Assignment CALCULATOR FULL SCREEN PRINTER VERSION 4BACK NE RESOURCES nework e5-01 Exercise 5-03 Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, these transactions occurred. 5-05 Sept. 6 Purchased calculators from Wildhorse Co. at a total cost of $1,680, terms n/30. Paid freight of $60 on calculators purchased from Wildhorse Co. Returned calculators to Wildhorse Co. for $65 credit because they did not meet specifications. Sold calculators costing $520 for $670 to Fryer Book Store, terms n/30. Granted credit of $35 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $22. Sold calculators costing $540 for $760 to Heasley Card Shop, terms n/30. 02 10 12 ie5-03 14 20 Journalize the September transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automaticaliy indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) ults by Study Debit Credit Date Account Titles and Explanation Show all mework 4 Ques pdf O Homework 4 7A G.pdf 10.40 PM 3/9/2021 O Type here to search hp h2 Ins prt sc fo 10 4+ 144 トト 米 2$ 4. & 7. # 2. 3. 5. 6. 8. 9. W E R T. Y +
Transcribed Image Text:M Inbox - merc4365@fredonia.edu X A edugen.wileyplus.com/edugen/student/mainfr.uni nail O YouTube Maps Welcome, Joseph -. O New Tab WileyPLUS: HyWileyPLUS I Hele I Contact Us I PLUS PRINCIPLES OF ACCOUNTING (ACCT 201 Kimmel, Accounting, 7e Study & Practice Assignment Gradebook ORION Downloadable eTextbook Open Assignment CALCULATOR FULL SCREEN PRINTER VERSION 4BACK NE RESOURCES nework e5-01 Exercise 5-03 Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, these transactions occurred. 5-05 Sept. 6 Purchased calculators from Wildhorse Co. at a total cost of $1,680, terms n/30. Paid freight of $60 on calculators purchased from Wildhorse Co. Returned calculators to Wildhorse Co. for $65 credit because they did not meet specifications. Sold calculators costing $520 for $670 to Fryer Book Store, terms n/30. Granted credit of $35 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $22. Sold calculators costing $540 for $760 to Heasley Card Shop, terms n/30. 02 10 12 ie5-03 14 20 Journalize the September transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automaticaliy indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) ults by Study Debit Credit Date Account Titles and Explanation Show all mework 4 Ques pdf O Homework 4 7A G.pdf 10.40 PM 3/9/2021 O Type here to search hp h2 Ins prt sc fo 10 4+ 144 トト 米 2$ 4. & 7. # 2. 3. 5. 6. 8. 9. W E R T. Y +
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